Differential Gaming Models of Oligopoly

Differential Gaming Models of Oligopoly PDF Author: Marco Hanig
Publisher:
ISBN:
Category : Oligopolies
Languages : en
Pages : 510

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Book Description

Differential Gaming Models of Oligopoly

Differential Gaming Models of Oligopoly PDF Author: Marco Hanig
Publisher:
ISBN:
Category : Oligopolies
Languages : en
Pages : 510

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Book Description


Differential Game Models of Oligopoly

Differential Game Models of Oligopoly PDF Author: Richard Neil Clarke
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


Dynamic Models of Oligopoly

Dynamic Models of Oligopoly PDF Author: D. Fudenberg
Publisher: Taylor & Francis
ISBN: 1136456058
Category : Business & Economics
Languages : en
Pages : 95

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Book Description
Fudenberg and Tirole use the game-theoretic issues of information, commitment and timing to provide a realistic approach to oligopoly.

A Differential Game Model of Oligopoly

A Differential Game Model of Oligopoly PDF Author: S. Clemhout
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

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Book Description


Differential Games in Economics and Management Science

Differential Games in Economics and Management Science PDF Author: Engelbert Dockner
Publisher: Cambridge University Press
ISBN: 9780521637329
Category : Business & Economics
Languages : en
Pages : 398

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Book Description
A comprehensive, self-contained survey of the theory and applications of differential games, one of the most commonly used tools for modelling and analysing economics and management problems which are characterised by both multiperiod and strategic decision making. Although no prior knowledge of game theory is required, a basic knowledge of linear algebra, ordinary differential equations, mathematical programming and probability theory is necessary. Part One presents the theory of differential games, starting with the basic concepts of game theory and going on to cover control theoretic models, Markovian equilibria with simultaneous play, differential games with hierarchical play, trigger strategy equilibria, differential games with special structures, and stochastic differential games. Part Two offers applications to capital accumulation games, industrial organization and oligopoly games, marketing, resources and environmental economics.

Differential Games in Industrial Economics

Differential Games in Industrial Economics PDF Author: Luca Lambertini
Publisher: Cambridge University Press
ISBN: 1316730700
Category : Business & Economics
Languages : en
Pages : 276

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Book Description
Game theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm. Despite these advances, industrial economists have tended to rely on a restricted set of tools from game theory, focusing on static and repeated games to analyse firm structure and behaviour. Luca Lambertini, a leading expert on the application of differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly, advertising, R&D races) can be better understood and analysed through the use of differential games. After illustrating the basic elements of the theory, Lambertini guides the reader through the main models, spanning from optimal control problems describing the behaviour of a monopolist through to oligopoly games in which firms' strategies include prices, quantities and investments. This approach will be of great value to students and researchers in economics and those interested in advanced applications of game theory.

Gains from Trade in a Differential Game Model of Asymmetric Oligopoly

Gains from Trade in a Differential Game Model of Asymmetric Oligopoly PDF Author: Kenji Fujiwara
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
This paper revisits a classical topic of trade gains in a differential game model of oligopoly in which Home and Foreign firms differ in the number and cost. After deriving the feedback Nash equilibrium, we provide examples to consider how the difference in the number of firms or costs affects gainfulness of trade. We prove that feedback strategies can result in implications for trade gains which are sharply different from the open-loop case.

Differential Games in Industrial Economics

Differential Games in Industrial Economics PDF Author: Luca Lambertini
Publisher: Cambridge University Press
ISBN: 1316732630
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
Game theory has revolutionised our understanding of industrial organisation and the traditional theory of the firm. Despite these advances, industrial economists have tended to rely on a restricted set of tools from game theory, focusing on static and repeated games to analyse firm structure and behaviour. Luca Lambertini, a leading expert on the application of differential game theory to economics, argues that many dynamic phenomena in industrial organisation (such as monopoly, oligopoly, advertising, R&D races) can be better understood and analysed through the use of differential games. After illustrating the basic elements of the theory, Lambertini guides the reader through the main models, spanning from optimal control problems describing the behaviour of a monopolist through to oligopoly games in which firms' strategies include prices, quantities and investments. This approach will be of great value to students and researchers in economics and those interested in advanced applications of game theory.

Dynamic Models of Oligopoly

Dynamic Models of Oligopoly PDF Author: D. Fudenberg
Publisher: Taylor & Francis
ISBN: 1136456120
Category : Business & Economics
Languages : en
Pages : 104

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Book Description
Fudenberg and Tirole use the game-theoretic issues of information, commitment and timing to provide a realistic approach to oligopoly.

Oligopoly Theory

Oligopoly Theory PDF Author: James Friedman
Publisher: CUP Archive
ISBN: 9780521282444
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
James Friedman provides a thorough survey of oligopoly theory using numerical examples and careful verbal explanations to make the ideas clear and accessible. While the earlier ideas of Cournot, Hotelling, and Chamberlin are presented, the larger part of the book is devoted to the modern work on oligopoly that has resulted from the application of dynamic techniques and game theory to this area of economics. The book begins with static oligopoly theory. Cournot's model and its more recent elaborations are covered in the first substantive chapter. Then the Chamberlinian analysis of product differentiation, spatial competition, and characteristics space is set out. The subsequent chapters on modern work deal with reaction functions, advertising, oligopoly with capital, entry, and oligopoly using noncooperative game theory. A large bibliography is provided.