The Aggregate Le Chatelier Samuelson Principle with Cournot Competition

The Le Chatelier Principle in Data Envelopment Analysis

The paper gives a brief review of the nonparametric approach to efficiency measurement or Data Envelopment Analysis as it is known in the operations research literature. Inequalities are derived between the efficiency measures when different assumptions are made on the technology sets or on the behavior of managers. Of particular interest is the derivation of a Le Chatelier Principle for measur...

Portevin-Le chatelier effect

Aluminum subjected to smooth mechanical loading does not often deform in a correspondingly smooth manner. Typically it deforms inhomogeneously through the propagation of deformation fronts that slowly traverse the sample. These are called Portevin-Le Chatelier fronts; what determines their velocity has been somewhat mysterious. We present a phenomenological theory for deformation fronts that ce...

Network Cournot Competition

Cournot competition, introduced in 1838 by Antoine Augustin Cournot, is a fundamental economic model that represents firms competing in a single market of a homogeneous good. Each firm tries to maximize its utility—naturally a function of the production cost as well as market price of the product—by deciding on the amount of production. This problem has been studied comprehensively in Economics...

Cournot Competition under Uncertainty∗

We analyze Cournot competition under demand uncertainty. We show that under rather general assumptions, the game has no asymmetric equilibria but multiple symmetric equilibria. Multiplicity is caused by the requirement of nonnegative prices and remains an issue also for simple demand specifications, such as the linear case. We then show that uniqueness of equilibrium is guaranteed if uncertaint...

Portevin–Le Chatelier effect in an aluminum alloy