Definition of Cournot. Meaning of Cournot. Synonyms of Cournot

Here you will find one or more explanations in English for the word Cournot. Also in the bottom left of the page several parts of wikipedia pages related to the word Cournot and, of course, Cournot synonyms and on the right images related to the word Cournot.

Definition of Cournot

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Meaning of Cournot from wikipedia

- Cournot may refer to: Cournot competition, an economic model of duopoly Surname Antoine Augustin Cournot (1801–1877), French philosopher, mathematician...
- Cournot competition is an economic model used to describe an industry structure in which companies compete on the amount of output they will produce,...
- Antoine Augustin Cournot (French: [ɑ̃twan oɡystɛ̃ kuʁno]; 28 August 1801 – 31 March 1877) was a French philosopher and mathematician who contributed to...
- (see Stackelberg competition). Cournot's duopoly. In this model, the firms simultaneously choose quantities (see Cournot competition). Bertrand's oligopoly...
- Augustin Cournot's book Recherches sur les Principes Mathématiques de la Théorie des Richesses (1838) in which Cournot had put forward the Cournot model...
- for the first time. As an imperfect competition model, Cournot duopoly (also known as Cournot competition), in which two firms with identical cost functions...
- following strategy profiles: the leader plays Cournot; the follower plays Cournot if the leader plays Cournot and the follower plays Stackelberg if the leader...
- strategies fixed). The idea of Nash equilibrium dates back to the time of Cournot, who in 1838 applied it to his model of competition in an oligopoly. If...
- The first use of the Nash equilibrium was in the Cournot duopoly as developed by Antoine Augustin Cournot in his 1838 book. Both firms produce a homogenous...
- problem is now known as Waldegrave problem. In 1838, Antoine Augustin Cournot considered a duopoly and presented a solution that is the Nash equilibrium...