Merlone, Ugo; Szidarovszky, Ferenc - In: Mathematics and Computers in Simulation (MATCOM) 108 (2015) C, pp. 144-154
Cournot oligopolies are examined with two kinds of output adjustment costs, which model the use of contingent work force and additional investments. The best responses of the firms are first determined and the partial adjustment toward best responses is assumed in formulating a dynamic model....