Stability and instability in oligopoly

DOI10.1016/0022-0531(86)90072-4zbMath0627.90011OpenAlexW2033378983MaRDI QIDQ1092779

Dave Furth

Publication date: 1986

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(86)90072-4

zbMATH Keywords

dynamical systemsoligopolystability properties of the equilibria

Mathematics Subject Classification ID

Cooperative games (91A12) Applications of game theory (91A80) Microeconomic theory (price theory and economic markets) (91B24) Other game-theoretic models (91A40) General equilibrium theory (91B50)

Related Items (33)

On the relationship between uniqueness and stability in sum-aggregative, symmetric and general differentiable games ⋮ Global stability of unique Nash equilibrium in Cournot oligopoly and rent-seeking game ⋮ Dynamics of the Cournot oligopoly with multi-product firms ⋮ Evolutionary Oligopoly Models of Commercial Fishing with Heterogeneities ⋮ Conjectures, learning, and equilibria in monopolistic competition ⋮ Multistability and complex dynamics in a simple discrete economic model ⋮ GLOBAL STABILITY OF NASH EQUILIBRIUM IN AGGREGATIVE GAMES ⋮ Lyapunov stability in the Cournot duopoly game ⋮ Dynamics of a Cournot duopoly game with a generalized bounded rationality ⋮ Local stability of the Cournot solution with increasing heterogeneous competitors ⋮ Nonlinear duopoly games with positive cost externalities due to spillover effects. ⋮ A dynamic model of oligopoly with R\&D externalities along networks. I. ⋮ On Bertrand duopoly game with differentiated goods ⋮ A dynamic duopoly Cournot model with R\&D efforts and its dynamic behavior analysis ⋮ Endogenous reactivity in a dynamic model of consumer's choice ⋮ Some reflections on past and future of nonlinear dynamics in economics and finance ⋮ Dynamics of a Cournot duopoly game with bounded rationality based on relative profit maximization ⋮ Nonlinear dynamics of a Cournot duopoly game with differentiated products ⋮ Oligopoly games with nonlinear demand and cost functions: Two boundedly rational adjustment processes ⋮ Uniqueness of equilibrium for smooth multistage concave games ⋮ Existence of Unique Equilibrium in Cournot Mixed Oligopoly ⋮ Learning cycles in Bertrand competition with differentiated commodities and competing learning rules ⋮ A PRICE ADJUSTMENT PROCESS IN A MODEL OF MONOPOLISTIC COMPETITION ⋮ STABILITY OF EQUILIBRIUM IN BERTRAND AND COURNOT DUOPOLIES ⋮ A dynamic model of a boundedly rational consumer with a simple least squared learning mechanism ⋮ Anything goes with heterogeneous, but not always with homogeneous oligopoly ⋮ Cournot duopoly when the competitors operate multiple production plants ⋮ Dynamical study of competition Cournot-like duopoly games incorporating fractional order derivatives and seasonal influences ⋮ Complexity analysis of dual-channel game model with different managers' business objectives ⋮ The rank and eigenvalues of main diagonal perturbed matrices ⋮ The system stability of dynamic processes ⋮ Simple and complex adjustment dynamics in Cournot duopoly models. ⋮ An analysis of the complex dynamic behaviour of nonlinear oligopoly models with time delays.

Cites Work

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