Aggregative games and oligopoly theory: short‐run and long‐run analysis.

We compile an IO toolkit for aggregative games with positive and normative comparative statics results for asymmetric oligopoly in the short and long run. We characterize the class of aggregative Bertrand and Cournot oligopoly games, and the subset for which the aggregate is a summary statistic for...

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Bibliographic Details

Published in:	RAND Journal of Economics (Wiley-Blackwell) Vol. 51; no. 2; pp. 470 - 496
Main Authors:	Anderson, Simon P., Erkal, Nisvan, Piccinin, Daniel
Format:	Article
Published:	Wiley-Blackwell Jun2020
Subjects:	Game theory Oligopolies Market design & structure (Economics) Statics
Online Access:	View this record in EBSCOhost