Cournot Competition and Endogenous Firm Size - Archive ouverte HAL Access content directly
Preprints, Working Papers, ... Year :

Cournot Competition and Endogenous Firm Size

(1) , (2)
1
2

Abstract

We study the dynamics of firm size in a repeated Cournot game with unkown demand function.We model the firm as a type of artificial neural network. Each period it must learn to map environmental signals to both demand parameters and its rival's output choice. But this learning game is in the background, as we focus on the endogenous adjustment of network size. We investigate the long-run behavior of firm/network size as a function of profits, rival's size, and the type of adjustment rules used.
Fichier principal
Vignette du fichier
2005-001.pdf (217.39 Ko) Télécharger le fichier
Origin : Files produced by the author(s)
Loading...

Dates and versions

hal-01052859 , version 1 (28-07-2014)

Identifiers

  • HAL Id : hal-01052859 , version 1
  • SCIENCESPO : 2441/9922

Cite

Jason Barr, Francesco Saraceno. Cournot Competition and Endogenous Firm Size. 2005. ⟨hal-01052859⟩
144 View
257 Download

Share

Gmail Facebook Twitter LinkedIn More