Dynamic oligopoly with complete information

Authors

  • F. Szidarovszky institute of Mathematics and Computer Science, Karl Marx University of Economics, Budapest
  • K. Okuguchi Department of Economics, Tokyo Metropolitan University

Abstract

Linear multiproduct oligopoly markets are examinedin a dynamic framework, in which the time-scale is assumedeither discrete or continuous. The stability of the dynamic processes is discussed under four different kinds of assumptions on the expectations of the firms on the rivals’ behavior. Namely expectation ala Cournot, adaptive and extrapolative expectations, and sequential adjustments are investigated.

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Published

2019-03-25

How to Cite

Szidarovszky, F., & Okuguchi, K. (2019). Dynamic oligopoly with complete information. JORBEL - Belgian Journal of Operations Research, Statistics, and Computer Science, 30(4), 3–34. Retrieved from https://www.orbel.be/jorbel/index.php/jorbel/article/view/103

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