Oligopoly and Myopic Behaviour
Roger Clarke
(University of Sheffield, Sheffield S10 1FL, England)
441
Abstract
In this article a generalisation of the Cournot oligopoly model is discussed, and it is shown that seemingly myopic conjectural behaviour is in fact in the (combined) interests of the market participants.
Citation
Clarke, R. (1982), "Oligopoly and Myopic Behaviour", Journal of Economic Studies, Vol. 9 No. 2, pp. 68-70. https://doi.org/10.1108/eb002541
Publisher
:MCB UP Ltd
Copyright © 1982, MCB UP Limited