Cournot duopoly when the competitors operate multiple production plants
نویسندگان
چکیده
منابع مشابه
Cournot Duopoly when the Competitors Operate under Capacity Constraints
The paper considers Cournot duopoly where the competitors have capacity constraints. An isoelastic demand function, which always results when consumers maximise utility functions of the Cobb-Douglas type, is used. It has been demonstrated that isoelastic demand, combined with constant marginal costs, results in complex dynamics. The purpose of the present paper is to reconsider the case, using ...
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ژورنال
عنوان ژورنال: Journal of Economic Dynamics and Control
سال: 2009
ISSN: 0165-1889
DOI: 10.1016/j.jedc.2008.06.001