This paper explores the character of long-run equilibrium in an oligopoly model with Cobb-Douglas production and demand. The model is a Bertrand type model in that firms choose production, but the product may be differentiated as well as homogeneous in nature. The long run equilibrium explored...

Intermediate microeconomic analysis traditionally treads lightly in matters of non-price competition. Most of the analysis in Microeconomic Theory, IO, and Managerial Economics texts that is devoted to the topic at both the graduate and undergraduate level is found in chapters on game theory as...

This paper explores the character of long-run equilibrium in an oligopoly model with Cobb-Douglas production and demand. The model is a Cournot type model in that firms choose production, but the product may be differentiated as well as homogeneous in nature. The long run equilibrium explored...

This paper compares the performance of approximately optimal current period analytical solution methods for models of renewable resource management. Focus is placed on linear-quadratic analytical dynamic programming and on steady-state based current period decision rules based on Taylor's series...