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  • March 2019

    Rights statement: This is the author’s version of a work that was acceptedfor publication in Journal of Economic Theory. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work 3since it was submitted for publication. A definitive version was subsequently published in Journal of Economic Theory, 183, 2019 DOI: 10.1016/j.jet.2019.08.004

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Monotone comparative statics in games with non-monotonic best-replies: Contests and Cournot oligopoly

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Monotone comparative statics in games with non-monotonic best-replies: Contests and Cournot oligopoly. / Gama, Adriana; Rietzke, David.
In: Journal of Economic Theory, Vol. 183, 01.09.2019, p. 823-841.

Research output: Contribution to Journal/MagazineJournal articlepeer-review

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Gama A, Rietzke D. Monotone comparative statics in games with non-monotonic best-replies: Contests and Cournot oligopoly. Journal of Economic Theory. 2019 Sept 1;183:823-841. Epub 2019 Aug 7. doi: 10.1016/j.jet.2019.08.004

Author

Gama, Adriana ; Rietzke, David. / Monotone comparative statics in games with non-monotonic best-replies : Contests and Cournot oligopoly. In: Journal of Economic Theory. 2019 ; Vol. 183. pp. 823-841.

Bibtex

@article{b4a29bb9f18e41aba53ef87a40d8df20,
title = "Monotone comparative statics in games with non-monotonic best-replies: Contests and Cournot oligopoly",
abstract = "In this paper, we employ lattice-theoretic techniques to derive a number of comparative statics in a logit contest – a class of games for which best-replies are generically non-monotonic. Using the same approach, we obtain several comparative statics in a Cournot oligopoly model without imposing the usual assumptions that ensure the game is one of strategic substitutes. Our analysis illustrates how lattice-theoretic techniques can deliver powerful insights in games with non-monotonic best-replies.",
keywords = "Contests, Supermodularity, Cournot Oligopoly, Monotone Comparative Statics",
author = "Adriana Gama and David Rietzke",
note = "This is the author{\textquoteright}s version of a work that was acceptedfor publication in Journal of Economic Theory. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work 3since it was submitted for publication. A definitive version was subsequently published in Journal of Economic Theory, 183, 2019 DOI: 10.1016/j.jet.2019.08.004",
year = "2019",
month = sep,
day = "1",
doi = "10.1016/j.jet.2019.08.004",
language = "English",
volume = "183",
pages = "823--841",
journal = "Journal of Economic Theory",
issn = "0022-0531",
publisher = "ELSEVIER ACADEMIC PRESS INC",

}

RIS

TY - JOUR

T1 - Monotone comparative statics in games with non-monotonic best-replies

T2 - Contests and Cournot oligopoly

AU - Gama, Adriana

AU - Rietzke, David

N1 - This is the author’s version of a work that was acceptedfor publication in Journal of Economic Theory. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work 3since it was submitted for publication. A definitive version was subsequently published in Journal of Economic Theory, 183, 2019 DOI: 10.1016/j.jet.2019.08.004

PY - 2019/9/1

Y1 - 2019/9/1

N2 - In this paper, we employ lattice-theoretic techniques to derive a number of comparative statics in a logit contest – a class of games for which best-replies are generically non-monotonic. Using the same approach, we obtain several comparative statics in a Cournot oligopoly model without imposing the usual assumptions that ensure the game is one of strategic substitutes. Our analysis illustrates how lattice-theoretic techniques can deliver powerful insights in games with non-monotonic best-replies.

AB - In this paper, we employ lattice-theoretic techniques to derive a number of comparative statics in a logit contest – a class of games for which best-replies are generically non-monotonic. Using the same approach, we obtain several comparative statics in a Cournot oligopoly model without imposing the usual assumptions that ensure the game is one of strategic substitutes. Our analysis illustrates how lattice-theoretic techniques can deliver powerful insights in games with non-monotonic best-replies.

KW - Contests

KW - Supermodularity

KW - Cournot Oligopoly

KW - Monotone Comparative Statics

U2 - 10.1016/j.jet.2019.08.004

DO - 10.1016/j.jet.2019.08.004

M3 - Journal article

VL - 183

SP - 823

EP - 841

JO - Journal of Economic Theory

JF - Journal of Economic Theory

SN - 0022-0531

ER -