A duopoly with common renewable resource and incentives

DOI10.1142/S0219198917500189zbMATH Open1391.91120OpenAlexW2726810119MaRDI QIDQ4602182FDOQ4602182

Authors: Luca Grilli, Michele Bisceglia 

Publication date: 9 January 2018

Published in: International Game Theory Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1142/s0219198917500189

Recommendations

• A differential game in a duopoly with instantaneous incentives
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zbMATH Keywords

incentivesfeedback Nash equilibriumresource extractionduopoly modelfinite time horizonopen loop Nash equilibrium

Mathematics Subject Classification ID

Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Differential games (aspects of game theory) (91A23) Special types of economic markets (including Cournot, Bertrand) (91B54)

Cites Work

• Game theory applied to dynamic duopoly problems with production constraints
• Turnpike Properties in a Finite-Horizon Differential Game: Dynamic Duopoly with Sticky Prices
• Dynamic Duopolistic Competition with Sticky Prices
• Title not available (Why is that?)
• Title not available (Why is that?)
• Comparative dynamics in a productive asset oligopoly
• Oligopoly exploitation of a private property productive asset
• On the Markovian efficiency of Bertrand and Cournot equilibria
• Unilateral production restrictions in a dynamic duopoly.
• On the convergence to the Cournot equilibrium in a productive asset oligopoly
• Identification of classes of differential games for which the open loop is a degenerate feedback Nash equilibrium
• Quality competition with motivated providers and sluggish demand
• Duopoly can be more anti-competitive than monopoly
• Feedback equilibria in a dynamic renewable resource oligopoly: pre-emption, voracity and exhaustion
• On the optimal number of firms in the commons: Cournot vs Bertrand

Cited In (6)

• Optimal taxation in a common resource oligopoly game
• Existence of unique equilibrium in Cournot mixed oligopoly
• A dynamic private property resource game with asymmetric firms
• A note on oligopoly exploitation of common-pool renewable resources
• A differential game in a duopoly with instantaneous incentives
• Duopoly can be more anti-competitive than monopoly

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