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Persistent link: https://www.econbiz.de/10010528393

Characterization of Nash equilibria in Cournotian oligopolies with interdependent preferences

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A game-theoretic model of strategic interaction using advertising : simulating the evolution of the Cournot Nash equilibrium under different competitive scenarios

Brady, Malcolm - In: Games 12 (2021) 4, pp. 1-16

This paper examines the behaviour of two firms competing in a duopoly, where firms can influence demand through use of advertising. The paper simulates the strategic interaction of the two firms based on a game-theoretic Cournot analytical model. The evolution over time of the Nash equilibrium...

Persistent link: https://www.econbiz.de/10012698096