Ilchev, Atanas; Ivanova, Vanya; Kulina, Hristina; … - In: Econometrics : open access journal 12 (2024) 2, pp. 1-24
In the study we explore an oligopoly market for equilibrium and stability based on statistical data with the help of response functions rather than payoff maximization. To achieve this, we extend the concept of coupled fixed points to triple fixed points. We propose a new model that leads to...