Re: dse 2004

Posted by Chinni18 on May 31, 2012; 8:12am
URL: http://discussion-forum.276.s1.nabble.com/dse-2004-tp7345502p7577410.html

Can someone please help with DSE 2004 Question 9.
The market shares of two Cournot dupolists have been derived as s1 = (3-4c)/(3-2c) and s2 = 2c/(3-2c)
Why would this outcome NOT be pareto efficient from the point of view of the two firms?