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dc.contributor.authorIlkiliƧ, Rahmien_US
dc.description.abstractSuppose markets and firms are connected in a bi-partite network, where firms can only supply to the markets they are connected to. Firms compete a la Cournot and decide how much to supply to each market they have a link with. We assume that markets have linear demand functions and firms have convex quadratic cost functions. We show there exists a unique equilibrium in any given network of firms and markets. We provide a formula which expresses the quantities at an equilibrium as a function of a network centrality measure.en_US
dc.publisherFondazione Eni Enrico Mattei (FEEM) Milanoen_US
dc.relation.ispartofseriesNota di lavoro // Fondazione Eni Enrico Mattei: Sustainable development 32.2009en_US
dc.subject.keywordCournot Marketsen_US
dc.subject.keywordNash Equilibriumen_US
dc.subject.keywordCentrality Measuresen_US
dc.titleCournot competition on a network of markets and firmsen_US
dc.typeWorking Paperen_US
Appears in Collections:FEEM Working Papers, Fondazione Eni Enrico Mattei

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