Dynamical multi-team Cournot game

M.F. Elettreby and S.Z. Hassan

Chaos, Solitons & Fractals, 2006, vol. 27, issue 3, 666-672

Abstract: In this paper we propose two different versions of the multi-team model where a team of two firms compete with another team. The firms in each team help each other. We studied the equilibrium solutions, the conditions of their local asymptotic stability. Some numerical simulations are done.

Date: 2006
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:27:y:2006:i:3:p:666-672

DOI: 10.1016/j.chaos.2005.04.075

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