thanks!<br><br><div class="gmail_quote">On Thu, Aug 11, 2011 at 1:36 PM, Dante-Gabryell Monson <span dir="ltr"><<a href="mailto:dante.monson@gmail.com">dante.monson@gmail.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">
Thanks Michel !<div><br></div><div>pasted it here :</div><div><div><br><div><a href="http://p2pfoundation.net/Talk:Asymmetric_Competition" target="_blank">http://p2pfoundation.net/Talk:Asymmetric_Competition</a></div>
<div><br></div><div>( further edits / suggestions welcomed )<div><div></div><div class="h5"><br><br><div class="gmail_quote">On Thu, Aug 11, 2011 at 8:12 AM, Michel Bauwens <span dir="ltr"><<a href="mailto:michel@p2pfoundation.net" target="_blank">michel@p2pfoundation.net</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">I do talk about it, but don't have a specific reference in the wik (<a href="http://p2pfoundation.net/Asymmetric_Competition" target="_blank">http://p2pfoundation.net/Asymmetric_Competition</a>)<br>
<br>You could always create an entry and add the [[Category:Economics]] or [[Category:Cooperation]], both existing sections,<br>
<br>we do have an extensive section on open business models, <a href="http://p2pfoundation.net/Category:Business_Models" target="_blank">http://p2pfoundation.net/Category:Business_Models</a><br><font color="#888888"><br>
Michel</font><div><div></div><div><br><br><div class="gmail_quote">
On Thu, Aug 11, 2011 at 1:06 PM, Dante-Gabryell Monson <span dir="ltr"><<a href="mailto:dante.monson@gmail.com" target="_blank">dante.monson@gmail.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">
I m trying to find out on the p2pf wiki about existing pages on "out-cooperation".<div><br></div><div>Michel, I remember, but can not find its reference, that you may have talked in the past about something like " open source collaboration business models having a competitive advantage on closed proprietary business models , hence out-cooperating them" ?</div>
<div><br></div><div>Possibly the links below could be added to a talk page and one could attempt to understand how, possibly mathematically, collaboration may influence on such equilibrium hypothesis ?<div><div></div><div>
<br><br><div class="gmail_quote">
On Thu, Aug 11, 2011 at 7:56 AM, Michel Bauwens <span dir="ltr"><<a href="mailto:michel@p2pfoundation.net" target="_blank">michel@p2pfoundation.net</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;">
thanks dante,<br><br>Michel<div><div></div><div><br><br><div class="gmail_quote">On Thu, Aug 11, 2011 at 12:53 PM, Dante-Gabryell Monson <span dir="ltr"><<a href="mailto:dante.monson@gmail.com" target="_blank">dante.monson@gmail.com</a>></span> wrote:<br>
<blockquote class="gmail_quote" style="margin: 0pt 0pt 0pt 0.8ex; border-left: 1px solid rgb(204, 204, 204); padding-left: 1ex;"><div class="gmail_quote"><div><div><div class="gmail_quote"><div><span style="font-size: 13px; line-height: 19px; font-family: sans-serif;"><a href="http://en.wikipedia.org/wiki/Nash_equilibrium#History" target="_blank">http://en.wikipedia.org/wiki/Nash_equilibrium#History</a></span><div>
<font face="sans-serif"><span style="line-height: 19px;"><br></span></font></div><div><font face="sans-serif"><span style="line-height: 19px;"><span style="font-size: 13px;">A version of the Nash equilibrium concept was first used by�<a href="http://en.wikipedia.org/wiki/Antoine_Augustin_Cournot" title="Antoine Augustin Cournot" style="text-decoration: none; color: rgb(6, 69, 173);" target="_blank">Antoine Augustin Cournot</a>�in his theory of oligopoly (1838). In Cournot's theory, firms choose how much output to produce to maximize their own profit. However, the best output for one firm depends on the outputs of others. A�<a href="http://en.wikipedia.org/wiki/Cournot_equilibrium" title="Cournot equilibrium" style="text-decoration: none; color: rgb(6, 69, 173);" target="_blank">Cournot equilibrium</a>�occurs when each firm's output maximizes its profits given the output of the other firms, which is a�<a href="http://en.wikipedia.org/wiki/Pure_strategy" title="Pure strategy" style="text-decoration: none; color: rgb(6, 69, 173);" target="_blank">pure strategy</a>�Nash Equilibrium.</span><br>
</span></font><div></div><div><span style="font-size: 13px; line-height: 19px; font-family: sans-serif;"><br></span></div></div><div><span style="font-size: 13px; line-height: 19px; font-family: sans-serif;"><a href="http://en.wikipedia.org/wiki/Cournot_equilibrium" target="_blank">http://en.wikipedia.org/wiki/Cournot_equilibrium</a></span></div>
<div><br></div></div><div><span style="font-size: 13px; line-height: 19px; font-family: sans-serif;"><p style="margin: 0.4em 0px 0.5em; line-height: 1.5em;">
�It has the following features:</p><ul style="line-height: 1.5em; list-style-type: square; margin: 0.3em 0px 0.5em 1.6em; padding: 0px;">
<li style="margin-bottom: 0.1em;">There is more than one firm and all firms produce a�<a href="http://en.wiktionary.org/wiki/Homogeneous" title="wiktionary:Homogeneous" style="text-decoration: none; color: rgb(51, 102, 187); padding: 0px;" target="_blank">homogeneous</a>�<a href="http://en.wikipedia.org/wiki/Product_%28business%29" title="Product (business)" style="text-decoration: none; color: rgb(6, 69, 173);" target="_blank">product</a>, i.e. there is no�<a href="http://en.wikipedia.org/wiki/Product_differentiation" title="Product differentiation" style="text-decoration: none; color: rgb(6, 69, 173);" target="_blank">product differentiation</a>;</li>
<li style="margin-bottom: 0.1em;">Firms do not cooperate, i.e. there is no�<a href="http://en.wikipedia.org/wiki/Collusion" title="Collusion" style="text-decoration: none; color: rgb(6, 69, 173);" target="_blank">collusion</a>;</li>
<li style="margin-bottom: 0.1em;">Firms have�<a href="http://en.wikipedia.org/wiki/Market_power" title="Market power" style="text-decoration: none; color: rgb(6, 69, 173);" target="_blank">market power</a>, i.e. each firm's output decision affects the good's price;</li>
<li style="margin-bottom: 0.1em;">The number of firms is fixed;</li><li style="margin-bottom: 0.1em;">Firms compete in quantities, and choose quantities simultaneously;</li><li style="margin-bottom: 0.1em;">The firms are economically rational and�<a href="http://en.wikipedia.org/wiki/Game_theory" title="Game theory" style="text-decoration: none; color: rgb(6, 69, 173);" target="_blank">act strategically</a>, usually seeking to maximize profit given their competitors' decisions.</li>
</ul></span></div>
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