Author: S. Peter BurleyPublisher:
ISBN:
Category : Oligopolies
Languages : en
Pages : 6
Book Description
The Dynamic Stability of a Continuously Adjusting Cournot Oligopoly with a Production Lag
Author: S. Peter BurleyPublisher:
ISBN:
Category : Oligopolies
Languages : en
Pages : 6
Book Description
Scientific and Technical Aerospace Reports
Author: Dynamic Oligopolies with Time Delays
Author: Akio MatsumotoPublisher: Springer
ISBN: 9811317860
Category : Mathematics
Languages : en
Pages : 270
Book Description
This is the first book to comprehensively examine the asymptotic behavior of dynamic monopolies, duopolies, and oligopolies where firms face information and implementation delays. It considers discrete and continuous timescales, continuously distributed delays, as well as single and multiple delays. It also discusses models with linear and hyperbolic price functions in three types of oligopolies: Cournot competition with quantity-adjusting firms, Bertrand competition with price-adjusting firms, and mixed oligopolies with both types of firms. In addition to the traditional Cournot-Nash equilibria, it introduces cases of partial cooperation are also introduced, leading to the analysis of cartelizing groups of firms and possible governmental actions against antitrust behavior. Further, the book investigates special processes for firms learning about the uncertain price function based on repeated market information. It addresses asymptotic properties of the associated dynamic systems, derives stability conditions, identifies stability switching curves, and presents in global analyses of cases of instability. The book includes both theoretical results and computer studies to illustrate and verify the theoretical findings.
Nonlinear Oligopolies
Author: Gian Italo BischiPublisher: Springer Science & Business Media
ISBN: 3642021069
Category : Business & Economics
Languages : en
Pages : 340
Book Description
This book presents the latest trends, methods and results in nonlinear dynamics with a special focus on oligopolies. It contains a number of technical appendices that summarize techniques of global dynamics not easily accessible elsewhere.
The Theory of Oligopoly with Multi-Product Firms
Author: Koji OkuguchiPublisher: Springer Science & Business Media
ISBN: 3642601693
Category : Business & Economics
Languages : en
Pages : 273
Book Description
In the mid 1960's both authors undertook independent works in oligopoly.and game theory. However, it was not until 1983 that they formally met. Since then, they have continued meeting either in Budapest or Tokyo. Their collaboration has resulted in numerous publications as well as in this work. Essentially, this book has two origins. First, it originated in previous results, either published or circulated in mimeograph form. Finely sifting their results, the authors constructed a concise reinterpretation of their achievement to date. However, this unifying process led to the second origin. Reconsideration, particularly in this comprehensive approach, generated new results. This was especially true in the analysis of the existence, uniqueness and global stability of the Cournot-Nash equilibrium for oligopoly with multi-product flrms, and for several modilled Cournot and related models. This book should be ideal for graduate students in economics or mathematics. However, as the authors have firmly grounded their ideas in the formal language of mathematics, the student should possess some background in calculus, linear algebra, and ordinary differential and difference equations. Additionally, the book should be useful to researchers in oligopoly and game theory as well as to mathematically oriented economists. The methodology developed for analyzing the existence and stability of oligopoly equilibrium should prove useful also in theoretical analysis of other economic models. Weare both very grateful to Professor Wilhelm Krelle for his careful review and helpful suggestions. In addition, Koji Okuguchi wishes to thank Professors W.
Linear Dynamic Cournot Oligopoly Model with Adaptive Expectations
Author: Karol SzomolányiPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Cournot oligopoly equilibrium is in general dynamically not stable, if on the market act more than two oligopolies (duopolies). In the model it is presumed that oligopolies consider the production of the others to be constant in time. If we extend the model by assumption that oligopolies expect quantities of the others future production, the system is more stable. Such model is more realistic as oligopolies in reality have access to information helping them to better estimate future productions of the others. In the paper we provide an approach, how to deal with a linear Cournot oligopoly dynamic model augmented by adaptive expectations.
U.S. Government Research and Development Reports Index
Author: Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 704
Book Description
Nonlinear Dynamics in Economics and Social Sciences
Author: Franco GoriPublisher: Springer Science & Business Media
ISBN: 3642580319
Category : Business & Economics
Languages : en
Pages : 371
Book Description
This volume constitutes the Proceedings of the "Nonlinear Dynamics in Economics and Social Sciences" Meeting held at the Certosa di Pontignano, Siena, on May 27-30, 1991. The Meeting was organized by the National Group "Modelli Nonlineari in Economia e Dinamiche Complesse" of the Italian Ministery of University and SCientific Research, M.U.RS.T. The aim of the Conference, which followed a previous analogous initiative taking place in the very same Certosa, on January 1988*, was the one of offering a come together opportunity to economists interested in a new mathematical approach to the modelling of economical processes, through the use of more advanced analytical techniques, and mathematicians acting in the field of global dynamical systems theory and applications. A basiC underlying idea drove the organizers: the necessity of fOCUSing on the use that recent methods and results, as those commonly referred to the overpopularized label of "Chaotic Dynamics", did find in the social sciences domain; and thus to check their actual relevance in the research program of modelling economic phenomena, in order to individuate and stress promising perspectives, as well as to curb excessive hopes and criticize not infrequent cases where research reduces to mechanical, ad hoc, applications of "a la mode" techniques. In a word we felt the need of looking about the state of the arts in non-linear systems theory applications to economics and social processes: hence the title of the workshop and the volume.
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