Analytic solutions of nonlinear Cournot duopoly game
We construct a Cournot duopoly model with production externality in which reaction functions are unimodal. We consider the case of a Cournot model which has a stable equilibrium point. Then we show the existence of analytic solutions of the model. Moreover, we seek general solutions of the model in...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Hindawi Limited
2005-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/DDNS.2005.119 |