## Oligopoly and the theory of games |

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### Contents

Introduction and overview | 1 |

Simple quantity models | 15 |

Singleperiod price models with differentiated | 44 |

Copyright | |

19 other sections not shown

### Common terms and phrases

advertising associated assumed assumptions balanced temptation equilibrium balanced temptation property bounded capital stock chapter characteristic function choice choose coalition columns compact competitive concave concave function consumer continuous continuous function converges convex cooperative games core countable Cournot equilibrium Cournot reaction functions decision defined demand function denote discount parameters discounted profits equilibrium strategy existence firm's first-order condition fixed point game satisfying game theory given Harsanyi hence horizon ith firm ith player lemma Lipschitz condition marginal cost maximization mixed strategies multi-period models noncooperative equilibrium nonempty oligopoly models optimal price ordinal basis output levels Pareto optimal payoff function payoff vector period plant possible price model price vector proof pure strategies quasi-concave seller sequence Shapley simple strategies single-period models solution Stackelberg stationary policy stationary supergame stochastic game strategy set strategy vector subset supergame payoff supergame strategy theorem threat point trade two-person unique variable zero