Cournot Producer Surplus

Units:	$
Mode:	Output Only
Multi-band:	False
Default Value:
Validation Rule:
Key Property:	No
Description:	Producer surplus in the Nash-Cournot equilibrium solution
Detail:

Cournot Producer Surplus is producer surplus in the Nash-Cournot equilibrium solution. It is defined as:

Producer Surplus = Production × Price - Production Cost

where:

Production Cost is the sum of all production costs.

See also:

• Cournot Consumer Surplus
• Cournot Perfect Competition Producer Surplus