Differential Games of Cournot Oligopoly with Consideration of Pollution, Network Structure, and Continuous Updating
Guennady Ougolnitsky () and
Alexey Korolev
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Guennady Ougolnitsky: Institute of Mathematics, Mechanics and Computer Sciences, Southern Federal University, 344090 Rostov-on-Don, Russia
Alexey Korolev: Saint Petersburg State Electrotechnical Institute, 197022 St. Petersburg, Russia
Games, 2025, vol. 16, issue 1, 1-22
Abstract:
We have built and investigated analytically and numerically a differential game model of Cournot oligopoly with consideration of pollution, network structure, and continuous updating. Up to this time, games with network structure and continuous updating were considered separately. We analyzed time consistency for a cooperative solution of the game. For a specific example, we built a non-empty subgame perfect subcore. We considered stochastic versions of the proposed model and received results similar to the deterministic case.
Keywords: differential game theory; Cournot oligopoly; network structure; continuous updating; time consistency; subgame perfectness; imputation distribution procedure (search for similar items in EconPapers)
JEL-codes: C C7 C70 C71 C72 C73 (search for similar items in EconPapers)
Date: 2025
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