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Dynamics of a Cournot Game with n-Competitors

✍ Scribed by E. Ahmed; H.N. Agiza

Publisher
Elsevier Science
Year
1998
Tongue
English
Weight
183 KB
Volume
9
Category
Article
ISSN
0960-0779

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✦ Synopsis

The dynamical system of n competitors in a Cournot game is derived[ The stability of its _xed point "Nash equilibrium# is studied[ The e}ect of a modi_cation of the priceÐdemand relation is pointed out[

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✍ H.N. Agiza 📂 Article 📅 1998 🏛 Elsevier Science 🌐 English ⚖ 569 KB

The dynamical system of 2 and 3 competitors in a Cournot game is studied[ The stability of its \_xed points "Nash!equilibria# are also investigated[ The stable and unstable regions are explicitly shown[ The bifurcation characteristics are found[ Periodic orbits with di}erent periods 6\ 14\ 07\ 02\ 0