Publication:
A proof of first-order stochastic dominance for quantity constrained oligopolies

dc.affiliation.dptoUC3M. Departamento de Economíaes
dc.contributor.authorKujal, Praveen
dc.contributor.editorUniversidad Carlos III de Madrid. Departamento de Economía
dc.date.accessioned2008-09-22T10:56:43Z
dc.date.available2008-09-22T10:56:43Z
dc.date.issued1994-10
dc.description.abstractIn this paper a proof for First Order Stochastic Dominance for capacity constrained oligopolies exhibiting equilibrium in mixed strategies is derived. The result is an extension of Levitan and Shubik (1972) where they derive the mixed strategy equilibrium for quantity constrained oligopolies. I show that their result has applications in policy issues in Regulation and Trade Theory. The proof of First Order Stochastic Dominance facilitates the comparison of expected prices across different experimental/trade policy designs, enlarging the qualitative implications of the results derived by Levitan et al.
dc.format.mimetypeapplication/pdf
dc.identifier.issn2340-5031
dc.identifier.urihttps://hdl.handle.net/10016/2976
dc.language.isoeng
dc.relation.ispartofseriesUC3M Working Papers. Economics
dc.relation.ispartofseries1994-41-22
dc.rightsAtribución-NoComercial-SinDerivadas 3.0 España
dc.rights.accessRightsopen access
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.subject.ecienciaEconomía
dc.subject.otherLicenses
dc.subject.otherVoluntary Export Restraints
dc.subject.otherFirst Order Stochastic Dominance
dc.subject.otherRandomisation
dc.subject.otherSurplus Maximizing Queue
dc.subject.otherCumulative Density Functions
dc.titleA proof of first-order stochastic dominance for quantity constrained oligopolies
dc.typeworking paper*
dc.type.hasVersionSMUR*
dspace.entity.typePublication
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