Narrow search
Showing 1 - 10 of 87,666
Cover Image
Regulating environmental externalities through public firms : a differential game
Dragone, Davide; Lambertini, Luca; Palestini, Arsen - 2011
We investigate the possibility of using public firms to regulate polluting emissions in a Cournot oligopoly where …
Persistent link: https://www.econbiz.de/10011737230
Cover Image
Finding all pure-strategy equilibria in games with continuous strategies
Judd, Kenneth L.; Renner, Philipp; Schmedders, Karl - In: Quantitative economics : QE ; journal of the … 3 (2012) 2, pp. 289-331
Static and dynamic games are important tools for the analysis of strategic interactions among economic agents and have found many applications in economics. In many games, equilibria can be described as solutions of polynomial equations. In this paper, we describe state-of-the-art techniques for...
Persistent link: https://www.econbiz.de/10011756833
Cover Image
CSR in an asymmetric duopoly with environmental externalities
Lambertini, Luca; Palestini, Arsen; Tampieri, Alessandro - 2014
We investigate a linear state dfferential game describing an asymmetric Cournot duopoly with capacity accumulation à la …
Persistent link: https://www.econbiz.de/10011729939
Cover Image
Evolutionary stability in asymmetric oligopoly : a non-Walrasian result
Leininger, Wolfgang; Moghadam, Hamed M. - 2014
It is a very well-known result that in terms of evolutionary stability the long-run outcome of a Cournot oligopoly …. Contrary to Tanaka (1999) we show that the evolutionarily stable price in an asymmetric Cournot oligopoly needs not equal the … order to transform the game with asymmetric firms into a symmetric oligopoly game and then extend Schaffer’s definition …
Persistent link: https://www.econbiz.de/10010399434
Cover Image
Can They Beat the Cournot Equilibrium? Learning with Memory and Convergence to Equilibria in a Cournot Oligopoly
Vallée, Thomas; Yildizoglu, Murat - 2014
This article analyses the ability of the learning firms in a Cournot oligopoly to discover market solutions more … the results of the literature on evolutionary learning in oligopoly can analytically be characterized through the …
Persistent link: https://www.econbiz.de/10014142763
Cover Image
Stability of the Cournot process : experimental evidence
Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - 2002
We report results of experiments designed to test the predictions of the best reply process. In a Cournot oligopoly …
Persistent link: https://www.econbiz.de/10011539705
Cover Image
Stability of the Cournot Process : Experimental Evidence
Huck, Steffen; Normann, Hans-Theo; Oechssler, Joerg - 2004
find no experimental evidence of such instability in a four firm oligopoly. Moreover, there are no differences between a …
Persistent link: https://www.econbiz.de/10014083226
Cover Image
Stackelberg Differential Game for Insurance Under Model Ambiguity
Cao, Jingyi; Li, Dongchen; Young, V.R; Zou, Bin - 2022
We study a dynamic Stackelberg differential game between a buyer and a seller of insurance policies in a spectrally negative Lévy framework, in which both parties are ambiguous about the intensity and severity of insurable losses. Both the buyer and seller aim to maximize their expected wealth,...
Persistent link: https://www.econbiz.de/10013307577
Cover Image
Cournot games with biconcave demand
Ewerhart, Christian - 2014 - Revised version, January 2014
Biconcavity is a simple condition on inverse demand that corresponds to the ordinary concept of concavity after simultaneous parameterized transformations of price and quantity. The notion is employed here in the framework of the homogeneous-good Cournot model with potentially heterogeneous...
Persistent link: https://www.econbiz.de/10010354642
Cover Image
Endougenous Timing in a Mixed Duopoly
Amir, Rabah; De Feo, Giuseppe - 2012
This paper applies the framework of endogenous timing in games to mixed quantity duopoly, wherein a private domestic or …-perfect equilibrium of the extended game, in sharp contrast to private duopoly games. We provide sufficient conditions for the emergence …
Persistent link: https://www.econbiz.de/10010343823