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Dynamic Oligopolies with Time Delays

By Akio Matsumoto, Ferenc Szidarovszky
Hardcover
$119.99
By Akio Matsumoto, Ferenc Szidarovszky
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This is the first book to comprehensively examine the asymptotic behavior of dynamic monopolies, duopolies, and oligopolies where firms face information and implementation delays. It considers discrete and continuous timescales, continuously distributed delays, as well as single and multiple delays. It also discusses models with linear and hyperbolic price functions in three types of oligopolies: Cournot competition with quantity-adjusting firms, Bertrand competition with price-adjusting fi...