Dynamic oligopoly with complete information
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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