A heterogenous Cournot duopoly model with discrete delay and externalities
In this article, we consider a nonlinear continuous-time model with discrete delays and externalities. We study the dynamic competitors’s behavior, when they are heterogeneous in determining the output decisions. We have determined a unique positive equilibrium solution and we have applied mathemat...
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| Formato: | Objeto de conferencia |
| Lenguaje: | Inglés |
| Publicado: |
2018
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| Materias: | |
| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/169111 |
| Aporte de: |
| Sumario: | In this article, we consider a nonlinear continuous-time model with discrete delays and externalities. We study the dynamic competitors’s behavior, when they are heterogeneous in determining the output decisions.
We have determined a unique positive equilibrium solution and we have applied mathematical techniques (Nyquist criterion) to estimate the range of the delays for which the equilibrium state remains asyntotically stable. |
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