Steps to Make Cournot Equilibrium

Chess Pie Iii

We deﬁne the cournot equilibrium as the output level of each ﬁrm that maximizes its proﬁt given the output of all other.

Recipe Summary Chess Pie Iii

This recipe was used by my grandmother and passed to me in a box of old papers when she died. It is very rich, not for those counting calories.

Ingredients | Cournot Equilibrium

1 (9 inch) pie shell

½ cup butter, melted

1 ½ cups white sugar

3 eggs

1 tablespoon cornmeal

1 tablespoon distilled white vinegar

1 teaspoon vanilla extract

Directions

Preheat oven to 350 degrees F (175 degrees C).

In a medium mixing bowl combine melted butter or margarine, eggs, and sugar. Mix well, then add cornmeal, vinegar, and vanilla extract. Stir until all ingredients are thoroughly combined. Pour into pastry shell.

Bake in preheated oven for 35 minutes, or until set and golden brown on top.

Info | Cournot Equilibrium

Servings: 8 Yield: 1 pie

TAG : Chess Pie Iii

Desserts, Pies, Vintage Pie Recipes, Chess Pie Recipes,

Images of Cournot Equilibrium

Cournot Equilibrium : Cournot raised the problem in 1838 of two or more firms competing in an imperfectly competitive market, and threatening market instability by trying to outguess each other.