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Equilibrium Further Studied for Combined System of Cournot and Bertrand: A Differential Approach
In general, quantity competition and price competition exist simultaneously in a dynamic economy system. Whether it is quantity competition or price competition, when there are more than three companies in one market, the equilibrium points will become ...
Bingyuan Gao, Yueping Du
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A nonparametric analysis of the Cournot model [PDF]
An observer makes a number of observations of an industry producing a homogeneous good. Each observation consists of the market price, the output of individual firms and perhaps information on each firm's production cost. We provide various tests (typically, linear programs) with which the observer can determine if the data set is consistent with the ...
John Quah, Andres Carvajal
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Economic actors, in their interactions with each other, certainly make decisions which are able to improve their original situation. In the case of free trade agreements, tariffs have the effect to manipulate countries’ trade and welfare. In this paper,
Eszter Kovács
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A Dynamic Stackelberg–Cournot Duopoly Model with Heterogeneous Strategies through One-Way Spillovers
Many works studied on complex dynamics of Cournot or Stackelberg games, but few references discussed a dynamic game model combined with the Cournot game phase and Stackelberg game phase.
Jianjun Long, Hui Huang
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Mixed Duopoly, Privatization, Subsidization and Partial Foreign Ownership [PDF]
The seminal work by White (1996) examines the welfare effects of production subsidies in a mixed Cournot oligopoly market where a state-owned public firm competes with fully domestic-owned private firms, and presents the following two main results. First,
Kazuhiro Ohnishi
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Competitive Behavior of Developers' Development Scale in the Assembled Construction Market: An Analysis Based on Game Theory [PDF]
The paper constructs the oligopoly models of assembled building developers based on Cournot model and Stackelberg model of development scale competition. Based on the comparison of the profit of the regional assembled building market, which is obvious in
Luo Gangqiang, Wang Qin
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Credibilistic Cournot Game with Risk Aversion under a Fuzzy Environment
The classic Cournot game ignores the influence of the players’ psychological behavior on the decision and cannot deal with the game problem of fuzzy information.
Zhongwei Feng, Yan Ma, Yuzhong Yang
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This paper combines intergenerational equity equilibrium and social preferences equilibrium with Cournot equilibrium solving the technological problem of intergenerational equity and strategic value compensation confirmation, achieving the effective ...
Meirui Zhong +3 more
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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.
Akio Matsumoto, Mami Suzuki
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Asymmetric competition in food industry with product substitutability
The paper analyses the effects of asymmetric competition on food industry with product substitutability by establishing a two-stage dynamic game model. The equilibrium is captured under both the Cournot competition and Stackelberg competition.
Yong-Cong YANG, Pu-Yan NIE
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