A Comparison of Treatments of a Duopoly Situation
An examination on the basis of each of several theories, of the behavior of two firms in competition, with explicit cost functions and an explicit demand function.
Econometric Models
Econometric Models
Statistical models can characterize relationships among aspects of economic behavior, and comprehensive econometric models are often used to guide public policy decisions. Several RAND researchers are skilled in the use of econometric models and use them to help explain how economic and political decisions may affect, for instance, military purchasing, agricultural production, and vehicle ownership patterns.