Analytic solutions of nonlinear Cournot duopoly game (Q2495100)

From MaRDI portal
scientific article
Language Label Description Also known as
English
Analytic solutions of nonlinear Cournot duopoly game
scientific article

    Statements

    Analytic solutions of nonlinear Cournot duopoly game (English)
    0 references
    0 references
    0 references
    0 references
    30 June 2006
    0 references
    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.
    0 references
    0 references
    0 references
    0 references
    0 references