Cournot Duopoly Model

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A new article is posted on SayEconomy.com. The title of it is 'Cournot Duopoly
Model'

Named after French economist Antoine Augustin Cournot (1801-1877), Cournot
duopoly model shows two firms that react to one another's output changes until
they eventually reach a position from which neither would wish to depart.

Both firms eventually expand to such a degree that they have equal shares in
the market and secure only normal profits.

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