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...

Table of Contents:

• The Classical Cournot Model
• Concave Oligopolies
• General Oligopolies
• Modified and Extended Oligopolies
• Oligopolies with Misspecified and Uncertain Price Functions, and Learning
• Overview and Directions for Future Research.