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AA00260492-19960002-0117.pdf
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Title |
Title |
NASH BARGAINING AND PERVERSE DEMAND SHIFT EFFECTS IN COURNOT OLIGOPOLY
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SEN, Anindya
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Indira Gandhi Institute of Development Research
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Keio Economic Society, Keio University
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1996
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Keio economic studies
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33
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Issue |
2
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Year |
1996
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Start page |
117
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End page |
121
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Abstract |
Demand shift effects in Cournot oligopoly are examined when firms reach their decisions via Nash bargaining. As compared with profit maximization, perverse demand effects are less likely and perverse price effects more likely to occur. Perverse profit effects can occur even with perfect collusion.
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