Analytic solutions of nonlinear Cournot duopoly game (Q2495100)
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English | Analytic solutions of nonlinear Cournot duopoly game |
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Analytic solutions of nonlinear Cournot duopoly game (English)
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30 June 2006
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Summary: We construct a Cournot duopoly model with production externality in which reaction functions are unimodal. We consider the case of a Cournot model which has a stable equilibrium point. Then we show the existence of analytic solutions of the model. Moreover, we seek general solutions of the model in the form of nonlinear second-order difference equation.
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