Oligopoly equilibria in nonrenewable resource markets

DOI10.1016/S0165-1889(99)00048-2zbMath0968.91013OpenAlexW1975761133MaRDI QIDQ1589548

Olli Tahvonen, Seppo Salo

Publication date: 12 December 2000

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/s0165-1889(99)00048-2

zbMATH Keywords

equilibriaMarkov chain approximationNash feedback equilibriumNash-Cournot oligopoly models

Mathematics Subject Classification ID

Special types of economic equilibria (91B52) Markov and semi-Markov decision processes (90C40) Auctions, bargaining, bidding and selling, and other market models (91B26)

Related Items

Research on dynamics in a resource extraction game with bounded rationality ⋮ On agreements in a nonrenewable resource market: a cooperative differential game approach ⋮ Welfare implications of leadership in a resource market under bilateral monopoly ⋮ Strategic resource dependence ⋮ Dynamic games in the economics of natural resources: a survey ⋮ On price taking behavior in a nonrenewable resource cartel-fringe game ⋮ Strategic uncertainty in markets for nonrenewable resources: a level-\(k\) approach ⋮ Equilibrium path in oligopolistic market of nonrenewable resource ⋮ Noncooperative resource exploitation by patient players ⋮ On nonrenewable resource oligopolies: the asymmetric case ⋮ An oligopoly-fringe non-renewable resource game in the presence of a renewable substitute

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