Explain cournot and collusion curve , Econometrics

For each pair of terms/concepts, define each term/concept and explain the relationship between them. The ideal answer is three sentences. One for each definition and one for the relationship.
1. Cournot and Collusion
2. Market Power and Herfindahl Index
3. Contract Curve and Edgeworth Box for an Exchange Economy

Related Discussions:- Explain cournot and collusion curve

Example of random variable, Let W be a random variable such that Supp (W) =...

Let W be a random variable such that Supp (W) = {2, -1, 0, 1, 2 } and What is p? Define U = W 2 . What is Supp (U) and fU (u) = Pr [U = u] for u ∈ Supp (U)? Compute E [W] a

Explain the concept of cointegration, Problem 1: (a) Using examples exp...

Problem 1: (a) Using examples explain the concept of cointegration. (b) Explain the term ‘stationarity' and its importance. (c) Differentiate between stochastic and determinist

I need a help with my assignment, My econometrics assignment is due for mon...

My econometrics assignment is due for monday, August 18th. I''m running out of time and need a help to meet the deadline. I need answers for 4 problems from the basic econometrics.

Differentiate between linear and log-linear model, Problem: (a) Differe...

Problem: (a) Differentiate between linear and log-linear model. (b) Distinguish between type I and type II errors. (c) (i) A bulb manufacturer claims that its bulbs last

Labor economics, Ask question #Minimum unions tie the hand of management an...

Ask question #Minimum unions tie the hand of management and inhibit efficient decision making100 words accepted#

Find the best choice, Paul's utility function is u(x, y) = xy 2 . Let unit ...

Paul's utility function is u(x, y) = xy 2 . Let unit prices be given by Px = 6 cents, Py = 2 cents, and assume that Paul's budget is the same as Peter's from the previous problem

Nonlinear Adjustment for the Integration between Internation, Hi, I''m a Ph...

Hi, I''m a PhD student in empirical finance I’m trying to conduct bivariate nonlinear conintegration tests using threshold Vector Error Correction (TVEC) methodology (Hansen and Se

#title.Structural Variance Auto Regression, Can you explain the basic intro...

Can you explain the basic introduction of this methodology?

Macro econometrics.., (b) Suppose that the initial conditions are as follow...

(b) Suppose that the initial conditions are as follows: y0 = 0 and et = 0 for t= 0. Impose the initial conditions in order to find the general solution.

Firm''s marginal revenue function, A firm has the following inverse demand ...

A firm has the following inverse demand function: where Q is Quantity and P is Price (a) Find the firm's marginal revenue function. (b) Find the level of out

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages