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This paper derives a three stage Cournot-oligopoly game for product innovation, expenditure on introducing the product …
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static games, including the prisoner's dilemma game, the hawk-dove game, voting games, public goods games and oligopoly games …
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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...
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