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The object of the work is to perform the global analysis of the Cournot duopoly model with isoelastic demand function and unit costs, presented in Puu (1991). The bifurcation of the unique Cournot fixed point is established, which is a resonant case of the Neimark-Shacker bifurcation. New...
Persistent link: https://www.econbiz.de/10008577222
The object of this work is to perform the global analysis of a new duopoly model which couples the two points of view of Cournot and Stackelberg. The Cournot model is assumed with isoelastic demand function and unit costs. The coupling leads to discontinuous reaction functions, whose...
Persistent link: https://www.econbiz.de/10008577224
This article considers a Cournot duopoly under an isoelastic demand function and cost functions with built-in capacity limits. The special feature is that each fi…rm is assumed to operate multiple plants, which can be run alone or in combination. Each …firm has two plants with different...
Persistent link: https://www.econbiz.de/10005558506