Central Bank of Nigeria Library

Expectations and stability in oligopoly models / (Record no. 5381)

MARC details
000 -LEADER
fixed length control field 02169nam a2200277Ii 4500
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 761122s1976 wb b 00000 eng
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 0387080562
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 3540080562
040 ## - CATALOGING SOURCE
Original cataloging agency DLC
Transcribing agency DLC
050 0# - LIBRARY OF CONGRESS CALL NUMBER
Classification number HD2731
Item number .O38
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 338.523
Item number OKU
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Okuguchi, Koji,
245 10 - TITLE STATEMENT
Title Expectations and stability in oligopoly models /
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc Belin
Name of publisher, distributor, etc Springer
Date of publication, distribution, etc 1976
300 ## - PHYSICAL DESCRIPTION
Extent vi, 103 pages :
440 ## - SERIES STATEMENT/ADDED ENTRY--TITLE
Title Lecture notes in economics and mathematical systems
504 ## - BIBLIOGRAPHY, ETC. NOTE
Bibliography, etc Includes bibliographical references pages [99]-103.
520 ## - SUMMARY, ETC.
Summary, etc. Ever since A.C.Cournot(1838), economists have been increasingly interested in oligopoly, a state of industry where firms producing homogeneous goods or close substitutes are limited in number. The fewness of firms in oligopoly gives rise to interdependence which they have to take into account in choosing their optimal output or pricing policies in each production period. Since each firm's profit is a function of all firms' outputs in an oligopoly without product differ entiation, each firm in choosing its optimal output in any period has to know beforehand all other rival firms' outputs in the same period. As this is in general impossible, it has to form some kind of expecta tion on other firms' most likely outputs. Cournot thought that in each period each firm assumed that all its rivals' outputs would remain at the same level as in the preceding period. Needless to say, the Cournot assumption is too naive to be realistically supported. However, the Cournot profit maximizing oligopoly model characterized by this assumption has many important and attractive properties from the view point of economic theory and provides a frame of reference for more realistic theories of oligopoly. In Chapters 1-3, we shall be engaged in analyzing the Cournot oligopoly model in greater detail from the viewpoints of existence, stability, uniqueness and quasi-competitive ness of the equilibrium.
590 ## - Local Notes: Cataloguer & Date
Local note lje 25/04/17
591 ## - Local Note: Item Class (Ref/Loans/Arch): Loans
Local Note: Item Class Loans
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Oligopolies--Mathematical models
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Mathematics
650 #0 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Economics
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Source of classification or shelving scheme Dewey Decimal Classification
Koha item type Monograph & others
949 ## - LOCAL PROCESSING INFORMATION (Call No. /Shelf Ref)
Call No. /Shelf Ref 338.523 OKU
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Collection code Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Bill Date Koha item type
    Dewey Decimal Classification     Non-fiction CBN HQ Library CBN HQ Library General Stacks 25/04/2017   338.523 OKU 31008100031406 25/04/2017 c.1 25/04/2017 Monograph & others