Notes toward a simplified pedagogy of oligopoly theory

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Field	Value	Language
dc.contributor.author	Cheung, Stephen L.
dc.date.accessioned	2005-12-09
dc.date.available	2005-12-09
dc.date.issued	2005-01-01
dc.identifier.citation	Innovation for Student Engagement in Economics: Proceedings of the Eleventh Australasian Teaching Economics Conference, Ed. Stephen L. Cheung, pp. 13-22	en
dc.identifier.isbn	1864877278
dc.identifier.uri	http://hdl.handle.net/2123/198
dc.description.abstract	The standard exposition of duopoly in most intermediate microeconomics texts relies heavily on simplifying assumptions of linearity, yet it remains algebraically somewhat dense. In this note, I outline an alternative graphical approach that makes use of the same assumptions, but which may be more transparent to students with limited mathematical backgrounds. I apply this approach to developing quantity best-response functions in the Cournot model, the effective demand function facing a Stackelberg leader, and the price best-response functions in the differentiated-products Bertrand model.	en
dc.format.extent	201119 bytes
dc.format.mimetype	application/pdf
dc.language.iso	en	en
dc.publisher	School of Economics and Political Science, The University of Sydney	en
dc.subject.lcsh	Cournot, A. A. (Antoine Augustin), 1801-1877 - Contributions in economics.
dc.subject.lcsh	Oligopolies.
dc.subject.lcsh	Microeconomics - Study and teaching.
dc.title	Notes toward a simplified pedagogy of oligopoly theory	en
dc.type	Conference paper	en