duopoly with aggregate demand uncertainty. We find that limited liability and investment irreversibility is likely to produce … obligations in adverse states. However, market conditions themselves become endogenous in a duopoly since the quantity decisions … consequently monopolize the market. Therefore, the model of this paper explains predatory behavior in a duopoly without invoking …

dynamics of a 2- player Cournot duopoly, proposed by Puu (1997). We establish admissibility conditions on the initial state of …

is better for the duopoly producers than the Stackelberg's leader. This conclusion, however, does not prevail for the …, based on higher Cournot's profits than Stackelberg's profits. Keywords: Duopoly, Durable, Price, Profit. …

algorithm of social evolution and aspiration learning for asymmetric duopoly is presented. The evolutionary equilibrium in R …&D duopoly with spillovers is presented and analyzed. The results show that strengthening intellectual property rights protection …

either chooses a R&D (and output) subsidy, or remains inactive. For a domestic duopoly a government taxes, subsidizes, or …

A simple Ising spin model which can describe the mechanism of advertising in a duopoly market is proposed. In contrast …