Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Conjectural_variation> ?p ?o }
Showing triples 1 to 59 of
59
with 100 triples per page.
- Conjectural_variation abstract "In oligopoly theory, conjectural variation is the belief that one firm has about the way its competitors may react if it varies its output or price. The firm forms a conjecture about the variation in the other firm's output that will accompany any change in its own output. For example, in the classic Cournot model of oligopoly, it is assumed that each firm treats the output of the other firms as given when it chooses its output. This is sometimes called the "Nash conjecture" as it underlies the standard Nash equilibrium concept. However, alternative assumptions can be made. Suppose you have two firms producing the same good, so that the industry price is determined by the combined output of the two firms (think of the water duopoly in Cournot's original 1838 account). Now suppose that each firm has what is called the "Bertrand Conjecture" of −1. This means that if firm A increases its output, it conjectures that firm B will reduce its output to exactly offset firm A's increase, so that total output and hence price remains unchanged. With the Bertrand Conjecture, the firms act as if they believe that the market price is unaffected by their own output, because each firm believes that the other firm will adjust its output so that total output will be constant. At the other extreme is the Joint-Profit maximizing conjecture of +1. In this case each firm believes that the other will imitate exactly any change in output it makes, which leads (with constant marginal cost) to the firms behaving like a single monopoly supplier.".
- Conjectural_variation wikiPageExternalLink CV_Competition_Policy.pdf.
- Conjectural_variation wikiPageExternalLink t=aboutBook.
- Conjectural_variation wikiPageID "27996428".
- Conjectural_variation wikiPageLength "10918".
- Conjectural_variation wikiPageOutDegree "21".
- Conjectural_variation wikiPageRevisionID "650299936".
- Conjectural_variation wikiPageWikiLink Antoine_Augustin_Cournot.
- Conjectural_variation wikiPageWikiLink Arthur_Bowley.
- Conjectural_variation wikiPageWikiLink Arthur_Lyon_Bowley.
- Conjectural_variation wikiPageWikiLink Best_response.
- Conjectural_variation wikiPageWikiLink Category:Competition_(economics).
- Conjectural_variation wikiPageWikiLink Category:Economics_models.
- Conjectural_variation wikiPageWikiLink Category:Game_theory.
- Conjectural_variation wikiPageWikiLink Category:Market_structure_and_pricing.
- Conjectural_variation wikiPageWikiLink Category:Microeconomics.
- Conjectural_variation wikiPageWikiLink Category:Oligopoly.
- Conjectural_variation wikiPageWikiLink Cournot_competition.
- Conjectural_variation wikiPageWikiLink Cournot_model.
- Conjectural_variation wikiPageWikiLink Evolutionarily_stable_strategy.
- Conjectural_variation wikiPageWikiLink Evolutionary_game_theory.
- Conjectural_variation wikiPageWikiLink Game_theory.
- Conjectural_variation wikiPageWikiLink Huw_Dixon.
- Conjectural_variation wikiPageWikiLink Marginal_cost.
- Conjectural_variation wikiPageWikiLink Meme.
- Conjectural_variation wikiPageWikiLink Monopoly.
- Conjectural_variation wikiPageWikiLink Nash_equilibrium.
- Conjectural_variation wikiPageWikiLink Oligopoly.
- Conjectural_variation wikiPageWikiLink Oligopoly_theory.
- Conjectural_variation wikiPageWikiLink Ragnar_Frisch.
- Conjectural_variation wikiPageWikiLink Reaction_function.
- Conjectural_variation wikiPageWikiLinkText "Conjectural variation".
- Conjectural_variation wikiPageWikiLinkText "The Evolution of Consistent Conjectures".
- Conjectural_variation wikiPageWikiLinkText "conjectural variation".
- Conjectural_variation wikiPageWikiLinkText "conjectural variations".
- Conjectural_variation hasPhotoCollection Conjectural_variation.
- Conjectural_variation wikiPageUsesTemplate Template:Game_theory.
- Conjectural_variation wikiPageUsesTemplate Template:Microeconomics.
- Conjectural_variation wikiPageUsesTemplate Template:Reflist.
- Conjectural_variation subject Category:Competition_(economics).
- Conjectural_variation subject Category:Economics_models.
- Conjectural_variation subject Category:Game_theory.
- Conjectural_variation subject Category:Market_structure_and_pricing.
- Conjectural_variation subject Category:Microeconomics.
- Conjectural_variation subject Category:Oligopoly.
- Conjectural_variation hypernym Belief.
- Conjectural_variation type Model.
- Conjectural_variation type Organisation.
- Conjectural_variation type Market.
- Conjectural_variation type Microeconomic.
- Conjectural_variation type Model.
- Conjectural_variation comment "In oligopoly theory, conjectural variation is the belief that one firm has about the way its competitors may react if it varies its output or price. The firm forms a conjecture about the variation in the other firm's output that will accompany any change in its own output. For example, in the classic Cournot model of oligopoly, it is assumed that each firm treats the output of the other firms as given when it chooses its output.".
- Conjectural_variation label "Conjectural variation".
- Conjectural_variation sameAs Variación_conjetural.
- Conjectural_variation sameAs m.0j_3y4d.
- Conjectural_variation sameAs Q5161131.
- Conjectural_variation sameAs Q5161131.
- Conjectural_variation wasDerivedFrom Conjectural_variation?oldid=650299936.
- Conjectural_variation isPrimaryTopicOf Conjectural_variation.