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Nonlinear Dynamics of Cournot Duopoly Game: When One Firm Considers Social Welfare

In this paper, we study the competition between two firms whose outputs are quantities. The first firm considers maximization of its profit while the second firm considers maximization of its social welfare. Adopting a gradient-based mechanism, we introduce a nonlinear discrete dynamic map which is...

Disgrifiad llawn

Wedi'i Gadw mewn:
Manylion Llyfryddiaeth
Prif Awduron: S. S. Askar, A. A. Elsadany
Fformat: Artigo
Iaith:Inglês
Cyhoeddwyd: Wiley 2021-01-01
Cyfres:Discrete Dynamics in Nature and Society
Mynediad Ar-lein:http://dx.doi.org/10.1155/2021/6697341
Tagiau: Ychwanegu Tag
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