This clip solves for a standard Cournot duopoly model. If you use Varian's book, change qi to yi (i=1, 2). If your textbook assumes that MC=0, then change c to 0.
The Cournot model is standard regardless of the book you use. For Varian, change notation q to y. Change the inverse demand function is p=a-bQ instead of p=a-Q. The method is exactly the same! Best luck.
@@IrisFranz Mam, i think it's better to make a video again of this model from the VARIAN Book by you please because it will make more clearly to the Audience..
@@mewanchelangkisuchiang9861 Making these clips is extremely costly in terms of opportunity cost. I am doing this pro bono. If more people request this particular clip using Varian, I will consider it.
your clear explanations are going to be the reason why I'll get my degree and graduate this year! truly impeccable, thank you very much🌼
Congratulations! Very happy for you. All the best!
This video was extremely helpful! Thank you so much!
Thank you professor！As an first year undergraduate, I benefited a lot.
Glad to help!
Thank you 😊💓 professor
My pleasure!
Could you please do one on Betrand Duopoly?
Yes, it will be a fun project. I can't guarantee if it will be in time for your study though.
Mam is this a Varian book...
The Cournot model is standard regardless of the book you use. For Varian, change notation q to y. Change the inverse demand function is p=a-bQ instead of p=a-Q. The method is exactly the same! Best luck.
@@IrisFranz Mam, i think it's better to make a video again of this model from the VARIAN Book by you please because it will make more clearly to the Audience..
@@mewanchelangkisuchiang9861 Making these clips is extremely costly in terms of opportunity cost. I am doing this pro bono. If more people request this particular clip using Varian, I will consider it.
a is a letter. not a number.