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

Gama, Adriana and Rietzke, David (2019) Monotone comparative statics in games with non-monotonic best-replies:Contests and Cournot oligopoly. Journal of Economic Theory, 183. pp. 823-841. ISSN 0022-0531

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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.

Item Type:
Journal Article
Journal or Publication Title:
Journal of Economic Theory
Additional Information:
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
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/asjc/2000/2002
Subjects:
ID Code:
136185
Deposited By:
Deposited On:
19 Aug 2019 10:30
Refereed?:
Yes
Published?:
Published
Last Modified:
30 Sep 2020 09:11