Equilibrium Theory for Cournot Oligopolies and Related Games Essays

This state-of-the-art collection of papers on the theory of Cournotian competition focuses on two main subjects: oligopolistic Cournot competition and contests. The contributors present various applications of the Cournotian Equilibrium Theory, addressing

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Pierre von Mouche Federico Quartieri Editors

Equilibrium Theory for Cournot Oligopolies and Related Games Essays in Honour of Koji Okuguchi

Springer Series in Game Theory Official Series of the Game Theory Society

Series editor Bernhard von Stengel London School of Economics, UK

More information about this series at http://www.springer.com/series/8107

Pierre von Mouche • Federico Quartieri Editors

Equilibrium Theory for Cournot Oligopolies and Related Games Essays in Honour of Koji Okuguchi

123

Editors Pierre von Mouche Wageningen University Wageningen, The Netherlands

ISSN 1868-517X Springer Series in Game Theory ISBN 978-3-319-29253-3 DOI 10.1007/978-3-319-29254-0

Federico Quartieri University Federico II of Naples Naples, Italy

ISSN 1868-5188 (electronic) ISBN 978-3-319-29254-0 (eBook)

Library of Congress Control Number: 2016937751 © Springer International Publishing Switzerland 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Springer imprint is published by Springer Nature The registered company is Springer International Publishing AG Switzerland

On vous a sans doute souvent demandé à quoi servent les mathématiques et si ces délicates constructions que nous tirons tout entières de notre esprit ne sont pas artificielles et enfantées par notre caprice. Parmi les personnes qui font cette question, je dois faire une distinction: les gens pratiques réclament seulement de nous le moyen de gagner de l’argent. Ceux-là ne méritent pas qu’on leur réponde. Henri Poincaré, La Valeur de la Science, Chapitre V.

Preface

This book is about homogeneous good Cournot oligopolies and games with a similar structure. The theory was proposed some time ago: in the first half of the nineteenth century. One might expect that the passing of time would have brought about an exhaustion of the aspects of this peculiar class needing to be fully understood. This, however, appears not to be true. Various scholars throughout the world—including Pr