A Dynamic Duopoly Model: When a Firm Shares the Market with Certain Profit
The current paper analyzes a competition of the Cournot duopoly game whose players (firms) are heterogeneous in a market with isoelastic demand functions and linear costs. The first firm adopts a rationally-based gradient mechanism while the second one chooses to share the market with certain profit...
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| Glavni autor: | |
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| Format: | Artigo |
| Jezik: | Inglês |
| Izdano: |
MDPI AG
2020-10-01
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| Serija: | Mathematics |
| Teme: | |
| Online pristup: | https://www.mdpi.com/2227-7390/8/10/1826 |
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