A PRICE ADJUSTMENT PROCESS IN A MODEL OF MONOPOLISTIC COMPETITION
From MaRDI portal
Publication:4655035
DOI10.1142/S0219198904000289zbMath1102.91315OpenAlexW2083892314MaRDI QIDQ4655035
Publication date: 10 March 2005
Published in: International Game Theory Review (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1142/s0219198904000289
Microeconomic theory (price theory and economic markets) (91B24) Consumer behavior, demand theory (91B42)
Related Items (26)
On complex dynamics of differentiated products: Cournot duopoly model under average profit maximization ⋮ A Cournot duopoly game with heterogeneous players: nonlinear dynamics of the gradient rule versus local monopolistic approach ⋮ Tracking the market: dynamic pricing and learning in a changing environment ⋮ Nonlinear dynamics and convergence speed of heterogeneous Cournot duopolies involving best response mechanisms with different degrees of rationality ⋮ Learning and Pricing with Models That Do Not Explicitly Incorporate Competition ⋮ Two different routes to complex dynamics in an heterogeneous triopoly game ⋮ On the dynamics of Cournot duopoly game with private firms: investigations and analysis ⋮ On complex dynamics of Cournot-Bertrand game with asymmetric market information ⋮ Imitative and best response behaviors in a nonlinear Cournotian setting ⋮ Controlling chaos through local knowledge ⋮ Local and global analysis of a nonlinear duopoly game with heterogeneous firms ⋮ Local stability of the Cournot solution with increasing heterogeneous competitors ⋮ Some reflections on past and future of nonlinear dynamics in economics and finance ⋮ Heterogeneous players in a Cournot model with differentiated products ⋮ An evolutionary model with best response and imitative rules ⋮ Effects of size, composition, and evolutionary pressure in heterogeneous Cournot oligopolies with best response decisional mechanisms ⋮ Oligopoly games with nonlinear demand and cost functions: Two boundedly rational adjustment processes ⋮ Evolutionary competition between adjustment processes in Cournot oligopoly: instability and complex dynamics ⋮ Evolutionary competition between boundedly rational behavioral rules in oligopoly games ⋮ Nonlinear oligopolistic game with isoelastic demand function: rationality and local monopolistic approximation ⋮ Learning cycles in Bertrand competition with differentiated commodities and competing learning rules ⋮ An oligopoly model with rational and imitation rules ⋮ Investigations of nonlinear triopoly models with different mechanisms ⋮ Nonlinear dynamics and global analysis of a heterogeneous Cournot duopoly with a local monopolistic approach versus a gradient rule with endogenous reactivity ⋮ Does local monopolistic approximation imply a less stable equilibrium? ⋮ An oligopoly model with best response and imitation rules
Cites Work
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- Unnamed Item
- The dynamics of the Hénon map
- Simple and complex adjustment dynamics in Cournot duopoly models.
- Locally consistent oligopolistic equilibria are Cournot-Walras equilibria
- Nonlinear oscillations, dynamical systems, and bifurcations of vector fields
- Limited knowledge of demand and oligopoly equilibria
- Stability and instability in oligopoly
- The abundance of wild hyperbolic sets and non-smooth stable sets for diffeomorphisms
- A convergent process of price adjustment and global Newton methods
- Exotic phenomena in games and duopoly models
- A model of general equilibrium with monopolistic behavior
- Abundance of strange attractors
- On the stability of best reply and gradient systems with applications to imperfectly competitive models
- Complicated endogenous business cycles under gross substitutability
- Endogenous fluctuations under evolutionary pressure in Cournot competition
- Convergence of Bayesian learning to general equilibrium in mis-specified models.
- A discrete and symmetric price adjustment process on the simplex
- Diffeomorphisms with infinitely many sinks
- Oligopoly Equilibria When Firms Have Local Knowledge of Demand
- On the Stability of the Competitive Equilibrium, I
- On the Stability of the Competitive Equilibrium, II
- Cascades of period-doubling bifurcations: A prerequisite for horseshoes
- On the Foundations of the Theory of Monopolistic Competition
- Effective Price Mechanisms
- A Rational Route to Randomness
This page was built for publication: A PRICE ADJUSTMENT PROCESS IN A MODEL OF MONOPOLISTIC COMPETITION
