Nonlinear Cournot oligopoly games with isoelastic demand function: the effects of different behavior rules

DOI10.1016/j.cnsns.2012.04.023zbMath1262.91107MaRDI QIDQ1948263

Weijun Zhong, Xing Gao, Shue Mei

Publication date: 2 May 2013

Published in: Communications in Nonlinear Science and Numerical Simulation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.cnsns.2012.04.023

zbMATH Keywords

Cournot oligopoly; asymptotical stability; sequential decisions; isoelastic demand function; simultaneous decisions

Mathematics Subject Classification ID

91A40: Other game-theoretic models

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

Related Items

Nonlinear dynamics and convergence speed of heterogeneous Cournot duopolies involving best response mechanisms with different degrees of rationality, Game-theoretic models of an oligopoly market with nonlinear agent cost functions, Should sophisticated expectations facilitate reaching equilibrium behavior?, Global dynamics of an oligopoly competition model with isoelastic demand and strategic delegation, Stability, multi-stability and instability in Cournot duopoly game with knowledge spillover effects and relative profit maximization, Oligopolies with contingent workforce and unemployment insurance systems, Equilibrium selection of a homogenous duopoly with extrapolative foresight, Nonlinear dynamics in a Cournot duopoly with isoelastic demand, Does local monopolistic approximation imply a less stable equilibrium?

Cites Work

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