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Dynamic equilibrium formulation of the oligopolistic market problem

โœ Scribed by Annamaria Barbagallo; Monica-Gabriela Cojocaru


Publisher
Elsevier Science
Year
2009
Tongue
English
Weight
687 KB
Volume
49
Category
Article
ISSN
0895-7177

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๐Ÿ“œ SIMILAR VOLUMES


Equilibrium path in oligopolistic market
โœ Ding Zhanwen; Tian Lixin; Yang Honglin ๐Ÿ“‚ Article ๐Ÿ“… 2008 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 243 KB

In this paper we study the oligopoly model of nonrenewable resource in which the unit production cost is variable and depends on the resource reserve level. We consider both the open-loop strategy and the closed-loop strategy of this dynamical differential game. For the case of linear cost function