Analytic solutions of nonlinear Cournot duopoly game

DOI10.1155/DDNS.2005.119MaRDI QIDQ2495100zbMATH OpenFDO

Authors Mami Suzuki, Akito Matsumoto

Publication date 30 June 2006

Published in Discrete Dynamics in Nature and Society (Search for Journal in Brave)

Full work available at URL https://eudml.org/doc/116744

Mathematics Subject Classification ID

Additive difference equations (39A10) Dynamic games (91A25) Discrete-time games (91A50)

Review text

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.

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Cited in

(4)

• Cournot duopoly with two production periods
• Exploring general equilibrium points for Cournot model
• Analytic solutions of second order nonlinear difference equations all of whose eigenvalues are 1
• Stability of a continuous reaction-diffusion Cournot-Kopel duopoly game model

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