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Nonlinear Oligopolies : Stability and Bifurcations / by Gian Italo Bischi, Carl Chiarella, Michael Kopel, Ferenc Szidarovszky

Publisher (Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer)
Year 2010
Edition 1st ed. 2010.
Authors *Bischi, Gian Italo author
Chiarella, Carl author
Kopel, Michael author
Szidarovszky, Ferenc author
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OB00164211 Springer Business and Economics eBooks (電子ブック) 9783642021060

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Material Type E-Book
Media type 機械可読データファイル
Size XV, 334 p : online resource
Notes 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
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. Particular emphasis is placed on the influence of nonnegativity and capacity constraints. Dynamics are introduced under various assumptions for the adjustment process. An introduction to the analysis of global dynamics is given through some specific examples. The book also considers concave and general oligopolies and gives conditions for the local asymptotic stability of their equilibria, and it investigates global dynamics in some special cases. Other oligopolies examined include market share attraction games, labor-managed oligopolies, partially cooperating firms and models with intertemporal demand attraction. Local/global stability analyses are carried out for these models and the impact of constraints is discussed. The book contains a number of technical appendices that summarize techniques of global dynamics not easily accessible elsewhere.
HTTP:URL=https://doi.org/10.1007/978-3-642-02106-0
Subjects LCSH:Econometrics
LCSH:Game theory
LCSH:Microeconomics
LCSH:Industrial organization
LCSH:System theory
LCSH:Mathematical physics
FREE:Quantitative Economics
FREE:Game Theory
FREE:Microeconomics
FREE:Industrial Organization
FREE:Complex Systems
FREE:Theoretical, Mathematical and Computational Physics
Classification LCC:HB139-141
DC23:330.9
ID 8000062986
ISBN 9783642021060

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