Browsing Titles index "On the Profitability of Production Constraints in a Dynamic Natural Resource Oligopoly"
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(Université de Montréal. Département de sciences économiques., 1997)Static oligopoly analysis predicts that if a single firm in Cournot equilibrium were to be constrained to contract its production marginally, its profits would fall. on the other hand, if all the firms were simultaneously constrained to reduce their ...