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F. Busetto, G. Codognato and S. Ghosal, “Noncooperative Oligopoly in Markets with a Continuum of Traders,” Games and Economic Behavior, Vol. 72, No. 1, 2011, pp. 38-45. doi:10.1016/j.geb.2010.06.009

has been cited by the following article:

• TITLE: Stackelberg-Cournot and Cournot Equilibria in a Mixed Markets Exchange Economy

  AUTHORS: Ludovic A. Julien

  KEYWORDS: Stackelberg-Cournot Equilibrium; Conjectural Variations; Preferences

  JOURNAL NAME: Theoretical Economics Letters, Vol.2 No.3, August 2, 2012

  ABSTRACT: In this note, we compare two strategic general equilibrium concepts: the Stackelberg-Cournot equilibrium and the Cournot equilibrium. We thus consider a market exchange economy including atoms and a continuum of traders, who behave strategically. We show that, when the preferences of the small traders are represented by Cobb-Douglas utility functions and the atoms have the same utility functions and endowments, the Stackelberg-Cournot and the Cournot equilibrium equilibria coincide if and only if the followers’ best responses functions have a zero slope at the SCE.