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Extended Oligopoly Models and Their Asymptotical Behavior

F. SZIDAROVSZKY

Abstract


We will investigate the different extensions of the Cournot oligopoly model including models with intertemporal demand interaction, including production adjustment cost, pollution treatment cost sharing, and cost interaction. The local asymptotic stability of the steady state is examined in all cases and the stability conditions are compared to the classical Cournot model.

Keywords


Dynamic economic systems, oligopoly, asymptotic stability

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