Gian Italo Bischi, Carl Chiarella, Michael Kopel, Ferenc Szidarovszky
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.
This book presents the latest trends, methods and results in nonlinear dynamics with a special focus on oligopolies. It contains a number of techni...
Gian Italo Bischi, Carl Chiarella, Michael Kopel, Ferenc Szidarovszky
Oligopoly theory is one of the most intensively studied areas of mathematical economics. On the basis of the pioneering works of Cournot (1838), many res- rchers have developed and extensively examined the different variants of oligopoly models. Initially, the existence and uniqueness of the equilibrium of the different types of oligopolies was the main concern, and later the dynamic extensions of these models became the focus. The classical result of Theocharis (1960) asserts that under discrete time scales and static expectations, the equilibrium of a sing- product oligopoly without product...
Oligopoly theory is one of the most intensively studied areas of mathematical economics. On the basis of the pioneering works of Cournot (1838), many ...
