Author: Carl Chiarella
Publisher:
ISBN:
Category : Oligopolies
Languages : en
Pages : 26

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Book Description

Author: Carl Chiarella
Publisher:
ISBN:
Category : Oligopolies
Languages : en
Pages : 25

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Book Description

Author: Gian Italo Bischi
Publisher: Springer Science & Business Media
ISBN: 3642021069
Category : Business & Economics
Languages : en
Pages : 340

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Book Description
This book presents the latest trends, methods and results in nonlinear dynamics with a special focus on oligopolies. It contains a number of technical appendices that summarize techniques of global dynamics not easily accessible elsewhere.

Author: Irina Sushko
Publisher: Springer Science & Business Media
ISBN: 3540247920
Category : Business & Economics
Languages : en
Pages : 314

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Book Description
These proceedings are from a conference held at the Centre for Regional Science (CERUM) at Umea Umeâ University, Sweden, 17-18 June 2001. Unlike Un1ike many conference proceedings, this volume contains only on1y invited invited contribu contribu tions tions on specified topics so as to make the book coherent and self-contained. The authors and editors hope that this coherence will make the volume use fu1 fuI also as a text for courses in industrial organisation. To this end two chap ters on the history of oligopoly theory, from the beginnings with Cournot 1838, to the present day, and one chapter on modem methods for analysing iterated discrete time maps, have been inserted at the beginning ofthe book. Unlike Un1ike most current literature on games and oligopoly, this book is not focused on the usual topics of game theory: optimal strategies, dominance, and equilibrium. Rather it is the evolutionary dynamics, often of a complex type, inc1uding deterministic chaos, which are in focus. The contributions, after the historical and the methodological introductions, represent various segments of the research frontier in this area, though pains have been taken to tie some of the models to a number of most promising contributions from the frugal period 1929-1941, which have suffered from unjust neglect in the following industrial organisation literature.

Author: Roberto Dieci
Publisher: Springer
ISBN: 3319074709
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
This book reflects the state of the art on nonlinear economic dynamics, financial market modelling and quantitative finance. It contains eighteen papers with topics ranging from disequilibrium macroeconomics, monetary dynamics, monopoly, financial market and limit order market models with boundedly rational heterogeneous agents to estimation, time series modelling and empirical analysis and from risk management of interest-rate products, futures price volatility and American option pricing with stochastic volatility to evaluation of risk and derivatives of electricity market. The book illustrates some of the most recent research tools in these areas and will be of interest to economists working in economic dynamics and financial market modelling, to mathematicians who are interested in applying complexity theory to economics and finance and to market practitioners and researchers in quantitative finance interested in limit order, futures and electricity market modelling, derivative pricing and risk management.

Author: Moshe Dror
Publisher: Springer
ISBN: 0306481022
Category : Mathematics
Languages : en
Pages : 770

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Book Description
Modeling Uncertainty: An Examination of Stochastic Theory, Methods, and Applications, is a volume undertaken by the friends and colleagues of Sid Yakowitz in his honor. Fifty internationally known scholars have collectively contributed 30 papers on modeling uncertainty to this volume. Each of these papers was carefully reviewed and in the majority of cases the original submission was revised before being accepted for publication in the book. The papers cover a great variety of topics in probability, statistics, economics, stochastic optimization, control theory, regression analysis, simulation, stochastic programming, Markov decision process, application in the HIV context, and others. There are papers with a theoretical emphasis and others that focus on applications. A number of papers survey the work in a particular area and in a few papers the authors present their personal view of a topic. It is a book with a considerable number of expository articles, which are accessible to a nonexpert - a graduate student in mathematics, statistics, engineering, and economics departments, or just anyone with some mathematical background who is interested in a preliminary exposition of a particular topic. Many of the papers present the state of the art of a specific area or represent original contributions which advance the present state of knowledge. In sum, it is a book of considerable interest to a broad range of academic researchers and students of stochastic systems.

Author: Carl Chiarella
Publisher:
ISBN:
Category :
Languages : en
Pages : 22

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Book Description
We consider the fate of output in the Cournot oligopoly model when the equilibrium is locally unstable. We discuss types of nonlinearities which may be present to bound the motion and introduce time lags in production and information which may serve as bifurcation parameters. In the case of identical firms we apply the Hopf bifurcation theorem to determine conditions under which limit cycle motion is born.

Author:
Publisher:
ISBN:
Category : Mathematics
Languages : en
Pages : 572

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Author:
Publisher:
ISBN:
Category : Mathematics
Languages : en
Pages : 1296

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Book Description

Author: Akio Matsumoto
Publisher: Springer
ISBN: 9811317860
Category : Mathematics
Languages : en
Pages : 270

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Book Description
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 firms, and mixed oligopolies with both types of firms. In addition to the traditional Cournot-Nash equilibria, it introduces cases of partial cooperation are also introduced, leading to the analysis of cartelizing groups of firms and possible governmental actions against antitrust behavior. Further, the book investigates special processes for firms learning about the uncertain price function based on repeated market information. It addresses asymptotic properties of the associated dynamic systems, derives stability conditions, identifies stability switching curves, and presents in global analyses of cases of instability. The book includes both theoretical results and computer studies to illustrate and verify the theoretical findings.