DYNAMIC COURNOT OLIGOPOLIES WITH PRODUCTION ADJUSTMENT COSTS

Citation
F. Szidarovszky et J. Yen, DYNAMIC COURNOT OLIGOPOLIES WITH PRODUCTION ADJUSTMENT COSTS, Journal of mathematical economics, 24(1), 1995, pp. 95-101
Citations number
5
Categorie Soggetti
Social Sciences, Mathematical Methods",Economics,"Mathematical, Methods, Social Sciences
ISSN journal
03044068
Volume
24
Issue
1
Year of publication
1995
Pages
95 - 101
Database
ISI
SICI code
0304-4068(1995)24:1<95:DCOWPA>2.0.ZU;2-1
Abstract
Dynamic oligopolies with discrete time scale are examined with the add itional condition that each firm faces a production adjustment cost at each time period. The global asymptotical stability of the resulting discrete system is investigated, and necessary and the sufficient cond itions are presented.