Strong Nash Equilibrium in Cournot and Bertrand Oligopolies

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http://ssrn.com/abstract=2801408

Maria Nastych

This paper investigates the existence of strong Nash equilibria (SNE) in Cournot and Bertrand oligopoly models. Given the concavity and continuity of payoffs, I derive the necessary and sufficient conditions for the existence of SNE in these non-cooperative games.

Original language	English
State	Published - 2016
Externally published	Yes

Research areas

Non-cooperative game, Strong Nash equilibrium, Coalition, Cournot, Bertrand

ID: 10246865