On price taking behavior in a nonrenewable resource cartel-fringe game

DOI10.1016/J.GEB.2012.06.008zbMATH1260.91104OpenAlexW1975433398MaRDI QIDQ2276540FDOQ2276540

Authors Hassan Benchekroun, Cees Withagen

Publication date 6 November 2012

Published in Games and Economic Behavior (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.geb.2012.06.008

zbMATH Keywords

dynamic gamesnonrenewable resourcescarteldominant firm versus fringeprice takingfringeopen-loop versus closed-loop strategies

Mathematics Subject Classification ID

Auctions, bargaining, bidding and selling, and other market models (91B26) Dynamic games (91A25) Other game-theoretic models (91A40) Microeconomic theory (price theory and economic markets) (91B24)

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Cites work

• scientific article; zbMATH DE number 3866998 (Why is no real title available?)
• scientific article; zbMATH DE number 3780892 (Why is no real title available?)
• scientific article; zbMATH DE number 706270 (Why is no real title available?)
• scientific article; zbMATH DE number 1734466 (Why is no real title available?)
• A Theory of 'Oil'Igopoly: Cournot Equilibrium in Exhaustible Resource Markets with Fixed Supplies
• Microeconomic theory
• Oligopoly Extraction of a Common Property Natural Resource: The Importance of the Period of Commitment in Dynamic Games
• Oligopoly equilibria in nonrenewable resource markets
• On Oligopolistic Markets for Nonrenewable Natural Resources
• On Two Folk Theorems Concerning the Extraction of Exhaustible Resources
• On nonrenewable resource oligopolies: the asymmetric case
• Open-loop and closed-loop equilibria in dynamic games with many players
• Small efficient scale as a foundation for Walrasian equilibrium
• Strong time-consistency in the cartel-versus-fringe model
• The limit points of monopolistic competition

Cited in

(7)

• Stackelberg versus Cournot: a differential game approach
• Temporary natural resource cartels
• An oligopoly-fringe non-renewable resource game in the presence of a renewable substitute
• Dynamic games between firms and infinitely lived consumers: a review of the literature
• Strong time-consistency in the cartel-versus-fringe model
• An oligopoly-fringe model with HARA preferences
• Backward induction algorithm for a class of closed-loop Stackelberg games

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