Dynamic model of R\&D, spillovers, and efficiency of Bertrand and Cournot equilibria

DOI10.1023/B:JOTA.0000043989.95285.51zbMath1114.91021MaRDI QIDQ1771097

A. Turki, Georges Zaccour, Michèle Breton

Publication date: 7 April 2005

Published in: Journal of Optimization Theory and Applications (Search for Journal in Brave)

zbMATH Keywords

differential games; duopoly; Bertrand equilibrium; Cournot equilibrium; research and development; social optimum

Mathematics Subject Classification ID

91A23: Differential games (aspects of game theory)

91B38: Production theory, theory of the firm

91B54: Special types of economic markets (including Cournot, Bertrand)

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Cites Work

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• A note on price and quantity competition in differentiated oligopolies
• Capacity Investment, Preemption and Commitment in an Infinite Horizon Model
• Profitability of price and quantity strategies in an oligopoly