On the Works of Professor Koji Okuguchi

  • Takeshi Yamazaki
Part of the Springer Series in Game Theory book series (SSGT)


This chapter briefly explains life and works of Professor Koji Okuguchi. This chapter also contains a list of his selected publications.


Intergenerational Equity Main Research Topic Cournot Oligopoly International Trade Theory Optimal Pollution 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Selected Publications of Koji Okuguchi

  1. Okuguchi K (1964) The stability of the Cournot oligopoly solution: a further generalization. Rev Econ Stud 31(2):143–146CrossRefGoogle Scholar
  2. Okuguchi K (1966) On adaptive expectations and Cobweb phenomena. Zeitschrift für Nationalökonomie/J Econ 26:470–472CrossRefGoogle Scholar
  3. Okuguchi K (1968) The labour participation ratio and the speed of adjustment. Economica 35:445–450CrossRefGoogle Scholar
  4. Okuguchi K (1968) Taxation and portfolio choice. Kikan Rironkeizaigaku (Econ Stud Q, Journal of former Japan Association of Theoretical Economics, now renamed Japanese Economic Association) 19(3):58–62Google Scholar
  5. Okuguchi K (1969) On the stability of price adjusting oligopoly equilibrium under product differentiation. South Econ J 35(3):244–246CrossRefGoogle Scholar
  6. Okuguchi K (1969) The stability of the balanced growth path under factor-augmenting technical progress. Can J Econ/Revue canadienne d’Economique 2(1):135–137CrossRefGoogle Scholar
  7. Okuguchi K (1970) Adaptive expectations in an oligopoly model. Rev Econ Stud 37(2):233–237CrossRefGoogle Scholar
  8. Okuguchi K, Suzumura K (1971) Uniqueness of the Cournot oligopoly equilibrium. Econ Stud Q 22(1):81–83Google Scholar
  9. Okuguchi K (1971) The stability of the Stackelberg duopoly solutions: extensions of Kamerschen-Smith’s results. Econ Stud Q 22(3):50–53Google Scholar
  10. Okuguchi K (1971) Theory of oligopoly. Sobunsha, Tokyo (In Japanese)Google Scholar
  11. Negishi, T., Okuguchi, K., (1972) A model of duopoly with Stackelberg equilibrium. Zeitschrift für Nationalökonomie/J Econ 32(2):153–162. Reprinted in Collected essays of Takashi Negishi, vol 1 (1994) General Equilibrium Theory. Elgar, Aldershot, pp 116–25Google Scholar
  12. Okuguchi K (1972) A note on ‘Inferior’ input in production. Swed J Econ 74(3):398–399CrossRefGoogle Scholar
  13. Okuguchi K (1972) A dynamic model of firm entry: comment. Rev Econ Stud 39(4):521–522CrossRefGoogle Scholar
  14. Okuguchi K (1973) Quasi-competitiveness and cournot oligopoly. Rev Econ Stud 40(1):145–148CrossRefGoogle Scholar
  15. Okuguchi K (1973) Magnification effect in a two-good model with intermediate inputs. Zeitschrift für Nationalökonomie/J Econ 33(3):413–418CrossRefGoogle Scholar
  16. Okuguchi K (1974) Global stability of a dynamic pigovian policy. Econ Stud Q 25(2):59–60Google Scholar
  17. Okuguchi K (1974) Input choices under rate of return regulation. Keizai Kenkyu (Econ Rev, Journal of Institute of Economics, Hitotsubashi University) 25(3):272–275Google Scholar
  18. Okuguchi K (1975) A model of oligopoly with unknown demand function and adaptive expectations. Econ Stud Q 26(1):59–63Google Scholar
  19. Okuguchi K (1975) The implications of regulation for induced technical change: comment. Bell J Econ 6(2):703–705CrossRefGoogle Scholar
  20. Okuguchi K (1975) Power-positive matrices and global stability of competitive equilibrium. Keio Econ Stud 12(1):37–40Google Scholar
  21. Okuguchi K (1976) Natural equilibrium in the Bush-Mayer model of anarchy: a dynamic analysis. Public Choice 26(1):129–134CrossRefGoogle Scholar
  22. Okuguchi K (1976) Further note on matrices with Quasi-Dominant diagonals. Econ Stud Q 27(2):151–154Google Scholar
  23. Okuguchi K (1976) Product price change and intersectoral re-allocation of specific factors. Econ Rec 52(4):497–504CrossRefGoogle Scholar
  24. Okuguchi K (1976) Expectations and stability in Oligopoly models. Springer, Berlin/HeidelbergCrossRefGoogle Scholar
  25. Kemp MC, Kimura Y, Okuguchi K (1977) Monotonicity properties of a dynamical version of the Heckscher-Ohlin model of production. Econ Stud Q 28(3):249–253Google Scholar
  26. Okuguchi K (1977) Mathematical foundations for economic analysis. Kogakusha-McGraw-Hill, Tokyo (In Japanese)Google Scholar
  27. Okuguchi K (1977) Input price uncertainty and the theory of the firm. Econ Stud Q 28(1):25–30Google Scholar
  28. Okuguchi K (1977) Trade, savings and a nontraded good. J Int Econ 7(4):379–383CrossRefGoogle Scholar
  29. Okuguchi K (1977) Factor specificity and the Rybczinski theorem. In: Sato R (ed) Resource allocation and division of space. Springer, Berlin/Heidelberg, pp 83–94CrossRefGoogle Scholar
  30. Okuguchi K (1978) The stability of price adjusting oligopoly with conjectural variations. Zeitschrift für Nationalökonomie/J Econ 38(1):55–60CrossRefGoogle Scholar
  31. Okuguchi K (1978) Matrices with dominant diagonal blocks and economic theory. J Math Econ 5(1):43–52CrossRefGoogle Scholar
  32. Okuguchi K (1978) On the global stability of the Morishima system. Keio Econ Stud 15(2):69–72Google Scholar
  33. Okuguchi K (1978) A note on systems of simultaneous linear difference equations. Nav Res Logist Q 25(4):727–728CrossRefGoogle Scholar
  34. Hadjimichalakis MG, Okuguchi K (1979) The stability of a generalized Tobin model. Rev Econ Stud 46(1):175–178CrossRefGoogle Scholar
  35. Kemp MC, Okuguchi K (1979) Optimal policies for exhaustible resources in open economies. Zeitschrift für die gesamte Staatswissenschaft/J Inst Theor Econ 135(2):207–215Google Scholar
  36. Okuguchi K (1979) Monopoly, intermediate goods and the pure theory of international trade. Zeitschrift für Nationalökonomie/J Econ 39(1–2):119–130CrossRefGoogle Scholar
  37. Okuguchi K (1979) Technical progress, population growth and intergenerational equity in a model with many exhaustible and renewable resources. Econ Lett 3(1):57–60CrossRefGoogle Scholar
  38. Okuguchi K (1979) On the stability of the Stackelberg oligopoly equilibrium. Econ Lett 3(4):321–325CrossRefGoogle Scholar
  39. Kemp MC, Okuguchi K (1980) Exhaustible resource and optimal consumption in an open economy. Econ Stud Q 31(1):79–83Google Scholar
  40. Okuguchi K (1980) Stability of equilibrium in a factor market distortion. Econ Stud Q 31(2):156–158Google Scholar
  41. Okuguchi K (1980) Exhaustible resources and savings rule for intergenerational equity. Zeitschrift für die gesamte Staatswissenschaft/J Inst Theor Econ 136(4):673–677Google Scholar
  42. Kemp MC, Long NV, Okuguchi K (1981) On the possibility of deriving conclusions of Stolper-Samuelson type when commodity prices are random. Econ Stud Q 32(2):111–116Google Scholar
  43. Okuguchi K (1981) Stability of the arms race models. Zeitschrift für Nationalökonomie/J Econ 41(3–4):353–360CrossRefGoogle Scholar
  44. Okuguchi K (1981) Population growth, costly innovation and modified Hartwick’s rule. Int Econ Rev 22(3):657–661CrossRefGoogle Scholar
  45. Okuguchi K (1981) Joint production and specific factor: a dynamic analysis. Econ Stud Q 32(3):267–271Google Scholar
  46. Okuguchi K (1981) Innovation and intergenerational equity in a model with many exhaustible and renewable resources. Econ Stud Q 32(3):272–275Google Scholar
  47. Okuguchi K (1981) A Dynamic Cournot-Nash equilibrium in fishery: the effects of entry. Rivista di matematica per le scienze economiche e sociali 4(2):59–64Google Scholar
  48. Chiarella C, Okuguchi K (1982) Comparison of optimal, intergenerational equity and hartwick savings rule dynamic paths in a growth model with exhaustible resources. Zeitschrift für die gesamte Staatswissenschaft/J Inst Theor Econ 138(4):711–721Google Scholar
  49. Okuguchi K (1982) Global stability of a generalized morishima system. Keio Econ Stud 19(1):101–104Google Scholar
  50. Okuguchi K (1983) Equilibria in an industry with a cartel and a competitive fringe. Econ Stud Q 34(1):38–43Google Scholar
  51. Okuguchi K (1983) The Cournot oligopoly and competitive equilibria as solutions to non-linear complementarity problems. Econ Lett 12(2):127–133CrossRefGoogle Scholar
  52. Chiarella C, Kemp MC, Long NV, Okuguchi K (1984) On the economics of international fisheries. Int Econ Rev 25(1):145–148; Also in Kemp MC, Long NV (eds) Essays in the economics of exhaustible resources. North-Holland, Amsterdam, pp 189–198Google Scholar
  53. Okuguchi K (1984) Utility function, group size, and the aggregate provision of a pure public good. Public Choice 42(3):247–255CrossRefGoogle Scholar
  54. Okuguchi K (1984) Commercial fishing with predator-prey interaction. Keio Econ Stud 21(2):37–44Google Scholar
  55. Chiarella C, Okuguchi K (1985) The Cournot-Nash and cooperative solutions in the harvesting of a fish stock. Rivista di matematica per le scienze economiche e sociali 8(2):93–101Google Scholar
  56. Okuguchi K (1985) Nash-Cournot equilibrium for an industry with oligopoly and a competitive fringe. Keio Econ Stud 22:51–56Google Scholar
  57. Okuguchi K (1986) Labor-managed Bertrand and Cournot oligopolies. Zeitschrift für Nationalökonomie/J Econ 46(2):115–122CrossRefGoogle Scholar
  58. Szidarovszky F, Okuguchi K (1986) Linear and nonlinear oligopoly models. In: Prekopa A et al. (eds) System modelling and optimization. Springer, Berlin/Heidelberg, pp 949–956CrossRefGoogle Scholar
  59. Fluck Z, Okuguchi K, Szidarovszky F (1987) Contribution to oligopoly theory: the case of uncertain collusions. Keio Econ Stud 24(1):13–23Google Scholar
  60. Okuguchi K (1987) Equilibrium prices in the bertrand and Cournot oligopolies. J Econ Theory 42(1):128–139. (Appeared earlier as, Discussion Paper, Sonderforschungsbereich 21, Universität Bonn, 1985)Google Scholar
  61. Okuguchi K, Szidarovszky F (1987) Stability of the linear Cournot oligopoly with multi-product firms. Econ Stud Q 38(2):184–187Google Scholar
  62. Okuguchi K, Szidarovszky F (1987) On a nonlinear input-output system. Math Soc Sci 13(3):277–281CrossRefGoogle Scholar
  63. Szidarovszky F, Okuguchi K (1987) Notes on the stability of quadratic games. Keio Econ Stud 24(2):33–45Google Scholar
  64. Okuguchi K, Szidarovszky F (1988) Dynamics of the Cournot oligopoly with multi-product firms. Math Soc Sci 16(2):159–169CrossRefGoogle Scholar
  65. Szidarovszky F, Okuguchi K (1988) A note on global asymptotic stability of non-linear difference equations. Econ Lett 26(4):349–352CrossRefGoogle Scholar
  66. Szidarovszky F, Okuguchi K (1988) A linear oligopoly model with adaptive expectations: stability reconsidered. Zeitschrift für Nationalökonomie/J Econ 48(1):79–82CrossRefGoogle Scholar
  67. Okuguchi K (1989) The Bertrand and Cournot equilibria for international duopoly with multimarkets. Int Econ J 3(4):61–68CrossRefGoogle Scholar
  68. Okuguchi K, Szidarovszky F (1989) An adaptive model of oligopoly with multi-product firms. Econ Stud Q 40(1):48–52Google Scholar
  69. Szidarovsky F, Okuguchi K (1989) A non-differentiable input-output model. Math Soc Sci 18(2):187–190CrossRefGoogle Scholar
  70. Okuguchi K (1990) Cournot duopoly with several markets. Reg Sci Urban Econ 20(3):305–311CrossRefGoogle Scholar
  71. Okuguchi K (1990) Transport cost in Cournot duopoly with several markets. Stud Reg Sci (the Japan Section of the Regional Science Association International) 20(2):95–105Google Scholar
  72. Okuguchi K, Irie K (1990) The Schur and Samuelson conditions for a cubic equation. Manch Sch 58(4):414–418. Reprinted in Wood JC, McLure M (eds) (2005) Paul A. Samuelson: critical assessments of contemporary economists, Second series. Routledge, London, pp 169–173Google Scholar
  73. Okuguchi K, Szidarovszky F (1990) The theory of oligopoly with multi-product firms. Springer, Berlin/Heidelberg (Translated into Persian)Google Scholar
  74. Okuguchi K, Szidarovszky F (1990) Global asymptotic stability of nonlinear difference equations with non-differentiable functions. Econ Lett 33(4):333–338CrossRefGoogle Scholar
  75. Szidarovszky F, Okuguchi K (1990) Dynamic oligopoly: models with incomplete information. Appl Math Comput 38(2):161–177Google Scholar
  76. Okuguchi K (1991) Labor-managed and capitalistic firms in international duopoly: the effects of export subsidy. J Comp Econ 15(3):476–484CrossRefGoogle Scholar
  77. Okuguchi K, Szidarovszky F (1991) Entry in Bertrand and Cournot oligopolies with product differentiation. Keio Econ Stud 28(1):43–49Google Scholar
  78. Okuguchi K (1992) Labor-managed Cournot oligopoly with product differentiation. Zeitschrift für Nationalökonomie/J Econ 56(2):197–208CrossRefGoogle Scholar
  79. Okuguchi K (1993) Cournot oligopoly with profit-maximizing and labor-managed firms. Keio Econ Stud 30(1):27–38Google Scholar
  80. Okuguchi K (1993) Follower’s advantage in labor-managed duopoly. Keio Econ Stud 30(2):1–5Google Scholar
  81. Okuguchi K (1993) Trade policy for international duopoly with product differentiation. In: Herberg H, Long NV (eds) Trade, welfare, and economic policies: essays in honor of Murray C. Kemp. University of Michigan Press, Ann ArborGoogle Scholar
  82. Okuguchi K (1993) Unified approach to Cournot models: oligopoly, taxation and aggregate provision of a pure public good. Eur J Pol Econ 9(2):233–245CrossRefGoogle Scholar
  83. Okuguchi K (1993) Comparative statics for international duopoly with profit-maximizing and labor-managed firms. J Int Comp Econ 2:65–75Google Scholar
  84. Okuguchi K (1993) Labor-managed firms under imperfect competition (and related problems): introduction. Manag Decis Econ 14(5):379–381. Guest edited by Okuguchi KGoogle Scholar
  85. Okuguchi K (1993) Comparative statics for profit-maximizing and labor-managed Cournot oligopolies. Manag Decis Econ 14(5):433–444CrossRefGoogle Scholar
  86. Okuguchi K (1994) Indirect taxation in profit-maximizing and labor-managed Cournot oligopolies. J Int Comp Econ 3:101–113Google Scholar
  87. Okuguchi K, Yamazaki T (1994) Bertrand and hierarchical Stackelberg oligopolies with product differentiation. Keio Econ Stud 31(1):75–80Google Scholar
  88. Okuguchi K, Yamazaki T (1994) Ad valorem and specific taxes, and optimal Pigouvian tax within Cournot Oligopoly. Keio Econ Stud 31(2):25–32Google Scholar
  89. Okuguchi K, Yamazaki T (1994) General analysis of horizontal merger. Seoul J Econ 7(3):279–290Google Scholar
  90. Okuguchi K (1995) Effects of tariff on international mixed duopoly with several markets. CES working paper number 93, Universität MünchenGoogle Scholar
  91. Okuguchi K (1995) Decreasing returns and existence of nash equilibrium in rent-seeking games. Working paper, Department of Economics, Nanzan University, Nagoya, JapanGoogle Scholar
  92. Okuguchi K (1996) Dynamic analysis of Cournot oligopoly with workers’ enterprises. In: Sertel M (ed) Workers’ enterprises – alternative in privatization. North-Holland, Amsterdam, pp 57–70Google Scholar
  93. Okuguchi K, Serizawa N (1996) Effects of trade policy for international duopoly. Keio Econ Stud 33(2):13–22Google Scholar
  94. Okuguchi K, Yamazaki T (1996) Two-stage Cournot oligopolies with industry-wide externalities. Seoul J Econ 9(1):1–16Google Scholar
  95. Chiarella C, Okuguchi K (1997) A dynamic analysis of Cournot duopoly in imperfectly competitive product and factor markets. Keio Econ Stud 34(1):21–33Google Scholar
  96. Szidarovszky F, Okuguchi K (1997) On the existence and uniqueness of pure Nash equilibrium in rent-seeking games. Games Econ Behav 18(1):135–140. Reprinted in Walker DA (ed) (2000) Some recent types of equilibrium models. Elgar, Cheltenham/Northampton, pp 512–17. Reprinted also in Congleton RD, Hillman AL, Konrad KA (eds) 40 years of research on rent seeking, vol 1, 2008. Springer, Berlin/Heidelberg, pp 271–276Google Scholar
  97. Okuguchi K (1998) Long-run fish stock and imperfectly competitive international commercial fishing. Keio Econ Stud 35(1):9–17Google Scholar
  98. Okuguchi K (1998) Existence of equililbrium for Cournot oligopoly-oligopsony. Keio Econ Stud 35(2):45–53Google Scholar
  99. Okuguchi K, Serizawa N (1998) Cournot vs Stackelberg: the case of labor-managed duopoly. Keio Econ Stud 35(2):37–43Google Scholar
  100. Szidarovszky F, Okuguchi K (1998) An oligopoly model of commercial fishing. Seoul J Econ 11(3):321–330Google Scholar
  101. Okuguchi K (1999) Cournot and Stackelberg duopolies revisited. Jpn Econ Rev (former Economic Studies Quarterly) 50(3):363–367Google Scholar
  102. Okuguchi K, Szidarovszky F (1999) The theory of oligopoly with multi-product firms, 2nd edn. Springer, Heidelberg/New YorkCrossRefGoogle Scholar
  103. Okuguchi K (2000) Comparative statics for oligopoly, oligopsony and oligopsonistic oligopoly. J Econ Res 5(2):173–187Google Scholar
  104. Szidarovszky F, Okuguchi K (2000) A dynamic model of international fishing. Seoul J Econ 13(4):471–476Google Scholar
  105. Okuguchi K (2001) International competition in one country: comparative static analysis. Pac Econ Rev 6(1):25–35CrossRefGoogle Scholar
  106. Okuguchi K (2002) Comparative static analysis for Cournot oligopoly. In: Woodland AD (ed) Economic theory and international trade: essays in honour of Murray C. Kemp. Elgar, Cheltenham/Northampton, pp 208–217Google Scholar
  107. Szidarovszky F, Ilieva V, Okuguchi K (2002) Entry and merger in commercial fishing with multiple markets. Zeitschrift für Nationalökonomie/J Econ 76(3):247–259CrossRefGoogle Scholar
  108. Okuguchi K (2003) Optimal pollution tax in Cournot oligopoly. Keio Econ Stud 40(1):85–89Google Scholar
  109. Okuguchi K (2003) Dynamic and comparative static analysis of imperfectly competitive international fishery. Zeitschrift für Nationalökonomie/J Econ 80(3):249–265CrossRefGoogle Scholar
  110. Okuguchi K (2003) Imperfect competition and optimal pollution tax. In: Bars R, Gyurkovics E (eds) Control applications of optimisation 2003, a proceedings volume from the 12th IFAC workshop, Visegrád. Elsevier Science Limited, Oxford, pp 123–126Google Scholar
  111. Okuguchi K, Szidarovszky F (2003) Oligopoly with intertemporal demand interaction. J Econ Res 8(1):51–62Google Scholar
  112. Szidarovszky F, Okuguchi K (2003) Competition and cooperation in international commercial fishing. In: Neck R (ed) Modeling and control of economic systems 2001, a proceedings volume from the 10th IFAC symposium, Klagenfurt, 2001. Elsevier Science Limited, Oxford, pp 65–68Google Scholar
  113. Okuguchi K, Yamazaki T (2004) Stability of equilibrium in Bertrand and Cournot Duopolies. Int Game Theory Rev 6(3):381–390CrossRefGoogle Scholar
  114. Okuguchi K (2005) Revisiting perverse effects on exchange rate pass-through. Int J Bus Econ 4(1):67–76Google Scholar
  115. Okuguchi K (2005) Entry in Bertrand oligopoly. PU M A (Pure Math Appl) 16(4):467–474Google Scholar
  116. Okuguchi K (2005) Existence of Nash equilibria in endogenous rent-seeking games. In: Nowak AS, Szajowski K (eds) Advances in dynamic games. Birkhäuser, Boston, pp 445–453CrossRefGoogle Scholar
  117. Okuguchi K, Szidarovszky F (2005) Changes in demand function in Cournot oligopoly. Pac Econ Rev 10(3):371–378CrossRefGoogle Scholar
  118. Szidarovszky F, Okuguchi K, Kopel M (2005) International fishery with several countries. PU M A 16(4):493–514Google Scholar
  119. Erjaee HG, Okuguchi K (2006) Bifurcation and stability in imperfectly competitive international commercial fishing. Keio Econ Stud 43(2):61–71Google Scholar
  120. Okuguchi K (2006) Aggregate game and international fishery with several countries. In: Haasis H-D, Kopfer H, Schönberger J (eds) Operations research proceedings 2005. Springer, Berlin/Heidelberg, pp 461–466CrossRefGoogle Scholar
  121. Okuguchi K (2007) Quasi-competitive Cournot oligopoly with product differentiation and symmetric firms. Rev Dev Econ 11(2):404–411CrossRefGoogle Scholar
  122. Okuguchi K, Szidarovszky F (2007) Existence and uniqueness of equilibrium in labor-managed Cournot oligopoly. Riv Pol Econ 97(3):9–16. Reprinted in Lambertini L (ed) Firms’ objective and internal organization in a global economy: positive and normative analysis, 2009. St. Martin’s Press/Palgrave Macmillan, New York, pp 9–16Google Scholar
  123. Okuguchi K, Szidarovszky F (2007) Environmental R and D in Cournot oligopoly with emission or performance standards. PU M A 18(1–2):111–118Google Scholar
  124. Okuguchi K, Yamazaki T (2008) Global stability of unique Nash equilibrium in Cournot oligopoly and rent-seeking game. J Econ Dyn Control 32(4):1204–1211CrossRefGoogle Scholar
  125. Okuguchi K (2010) Inferior factor in Cournot oligopoly. Zeitschrift für Nationalökonomie/J Econ 101(2):125–131CrossRefGoogle Scholar
  126. Okuguchi K (2011) Optimal pollution tax under international competition. Keio Econ Stud 47(1):153–159Google Scholar
  127. Okuguchi K (2012) Commercial fishing with predator-prey interaction revisited. Keio Econ Stud 48(1):139–144Google Scholar
  128. Okuguchi K (2012) General analysis of Cournot mixed oligopoly with partial privatization. Eurasian Econ Rev 2(1):48–62Google Scholar
  129. Erjaee GH, Astadzad MH, Okuguchi K, Rahemi A (2013) Fractional differential equations system for comercial fishing under predator-prey interaction. J Appl Nonlinear Dyn 2(4)Google Scholar
  130. Okuguchi K (2013) Existence of unique equilibrium and quasi-competitiveness in Cournot mixed oligopoly. Presented at PET13, LisbonGoogle Scholar
  131. Okuguchi K, Yamazaki T (2014) Global stability of Nash equilibrium in aggregative games. Int Game Theory Rev 16(4)Google Scholar
  132. Okuguchi K (2015) Analysis of privatization in Stackelberg mixed oligopoly. Presented at DIEM (Dubrovnik International Economic Meeting) 2015, DubrovnikGoogle Scholar

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© Springer International Publishing Switzerland 2016

Authors and Affiliations

  1. 1.Faculty of EconomicsNiigata UniversityNiigata-shiJapan

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