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...

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Bibliographic Details
Main Authors: Akio Matsumoto, Mami Suzuki
Format: Article
Language:English
Published: Hindawi Limited 2005-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/DDNS.2005.119