Nonlinear Oligopolies Stability and Bifurcations /

• Main Authors: Bischi, Gian Italo (Author), Chiarella, Carl (Author), Kopel, Michael (Author), Szidarovszky, Ferenc (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Berlin, Heidelberg : Springer Berlin Heidelberg, 2010.
• Subjects: Game theory.; Statistical physics.; Dynamical systems.; Economic theory.; Microeconomics.; Industrial organization.; Economics.; Economic Theory/Quantitative Economics/Mathematical Methods.; Game Theory, Economics, Social and Behav. Sciences.; Industrial Organization.; Statistical Physics, Dynamical Systems and Complexity.

The book focuses on the dynamics of nonlinear oligopoly models. It discusses the classical Cournot model with a large variety of demand and cost functions that illustrate the many different types of possible best response functions and it shows the existence of unique and multiple equilibria. Partic...