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Nash equilibrium
(redirected from Cournot-Nash equilibrium)

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Nash equilibrium

In game theory, where two players collude to produce a situation where failure to collude would make them both worse off. It is named after the US mathematician John Nash (1928– ), who produced a mathematical formalization of such an equilibrium.
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This can be calculated by the fact that a Cournot-Nash equilibrium in a duopoly, under a linear demand curve, results in each firm producing one-third of the competitive level of output.
A proposed solution to the problem of parallel pricing in ... by Devlin, Alan / Stanford Law Review
The fuzzy duopoly game as defined above has a Cournot-Nash equilibrium.
Games in fuzzy environments by Sarangi, Sudipta / Southern Economic Journal
We first examine the firms' Cournot-Nash equilibrium outputs and profits in the absence of any strategic considerations.
Imperfect competition, debt, and exit by Kanatas, George; Qi, Jianping / Financial Management
 
 
 
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