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Oligopoly Dynamics

Name: Oligopoly Dynamics
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 01652846
Price: 101.83 EUR
Availability: InStock
Author: Irina Sushko
ISBN: 9783642077425

Models and Tools

Irina Sushko

Language

English

Book Paperback

Libristo code: 01652846

Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, December 2010

This book has its focus on the dynamics of oligopoly games. Several contributions show how easily th... Full description

Libristo code: 01652846

249 b

101.83 €

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This book has its focus on the dynamics of oligopoly games. Several contributions show how easily the unique Nash equilibria in some most traditional oligopoly models may lose stability, giving way to complex phenomena, such as periodic/chaotic processes, and to multi stability of coexistent attractors. The bifurcations producing these phenomena are studied by means of recently accumulated global methods, based on the use of critical curves. These tools are explained in a separate methodological chapter. The book also contains some historical background of the present theory. In this way the book becomes suitable also as an advanced text for industrial organisation courses. The various models presented in the book focus both classical Cournot types, and Hotelling's "ice cream vendor" problems, including location choice. The author list comprises some of the most prolific contributors to current dynamic oligopoly modelling.