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corresponding to a Nash equilibrium solution of the Cournot type model of oligopoly. …
Persistent link: https://www.econbiz.de/10005258095
We show the existence of Nash equilibria in a Bertrand oligopoly price competition game using a possibly asymmetric …
Persistent link: https://www.econbiz.de/10009218517
oligopoly markets. The robustness of the proposed simple Nash equilibrium model under the simultaneous constraints of allocation … firms in oligopoly markets is tested by changing profit and cost function parameters, as well as the initial production … facilitates the understanding of the robustness of attaining equilibrium in an oligopoly market. …
Persistent link: https://www.econbiz.de/10010870039
Persistent link: https://www.econbiz.de/10005001437
The present analysis applies continuous time replicator dynamics to the analysis of oligopoly markets. In the present … understanding the process of attaining equilibrium in an oligopoly market. …
Persistent link: https://www.econbiz.de/10010748499
is regarded as a noncooperative game, or as a Cournot oligopoly game, are investigated. The cases where such …
Persistent link: https://www.econbiz.de/10010600867
Persistent link: https://www.econbiz.de/10002493304
theory is a useful set of tools for better understanding different risk settings. Embedded in a short history of the Basel … Accord in this article we introduce some basic ideas of game theory in the context of rating procedures in accordance with … Basel II. As well, some insight is given how game theory works. Here, the primary value of game theory stems from its focus …
Persistent link: https://www.econbiz.de/10011011022
We analyse a non-zero sum two-person game introduced by Teraoka and Yamada to model the strategic aspects of production development in manufacturing. In particular we investigate how sensitive their solution concept (Nash equilibrium) is to small variations in their assumptions. It is proved...
Persistent link: https://www.econbiz.de/10010950376
We consider a Cournot oligopoly model where multiple suppliers (oligopolists) compete by choosing quantities. We …
Persistent link: https://www.econbiz.de/10010931616