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Cournot's duopoly model (D4, Ll)<br />A market model of two springs and two proprietors, each of whom independently seeks to maximize their income. As proprietor A has no direct influence on the sales of water from proprietor B's spring, A can only adjust the price but B is forced to accept /J(s price. If /J(s sales aarnedD, B's sales are D2, the final and stable equilibrium occurs where Output of firm B <br /><em>See also:</em> duopoly <br /><em>Reference</em><br />Cournot, A. (1897) Researches into the Mathematical Principles of the Theory of Wealth, trans. N.T. Bacon, ch. 7, New York: Macmillan.
stag (F1)<br />A speculator who attempts to make a profit from subscribing to new issues of shares and selling them immediately they are marketable. For the stag to be successful, the offer price has to be lower than the market price. Stagging is encouraged by financial press reports that attempt to assess the true value of the issuing company and predict the market price when trading starts.<br /><em>See also:</em> grey market
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<strong>File Transfer Protocol (FTP)</strong> – A standard internet protocol that allows the transmission of data files.
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