Tramontana, Fabio; Gardini, Laura; Puu, Tönu - In: Journal of Economic Dynamics and Control 33 (2009) 1, pp. 250-265
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 firm is assumed to operate multiple plants, which can be run alone or in combination. Each firm has two plants with different capacity...