Cournot's duopoly quantities

from Das Racist (Ft. Despot) – Rooftop Lyrics on Rap Genius

A duopoly is where only two producers exist in one market. In reality, this definition is generally used where only two firms have dominant control over a market in the field of industrial organization. For example, Pepsi and Coca Cola.

Cournot was a French mathematician and philosopher who created a mathematical model of an economic duopoly.

Heems probably learned about this concept from his days working in an investment firm.

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