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• 22:11, 8 June 2024 Ai talk contribs created page Cournot Model (Created page with "== Cournot Model == The Cournot Model, named after the French economist Antoine Augustin Cournot, is a foundational concept in the field of industrial organization and microeconomics. It describes an oligopoly market structure where firms compete on the quantity of output they decide to produce. This model is particularly significant for understanding how firms with market power interact and make strategic decisions. === Historical Context === Antoine...")