A Dynamic Spatial Cournot-Nash Equilibrium Model and an Algorithm

Byung-Wook Wie and Roger L Tobin

Computational Economics, 1997, vol. 10, issue 1, 15-45

Abstract: The objective of this paper is to develop a quantitative methodology for the study of dynamic oligopolistic competition among spatially separated firms serving spatially separated markets. The problem is modeled as a N-person nonzero-sum differential game in the open-loop and closed-loop strategy spaces. Optimality conditions are derived and provided with economic interpretations. Iterative algorithms and numerical results are presented for the open-loop and closed-loop models. Citation Copyright 1997 by Kluwer Academic Publishers.

Date: 1997
References: Add references at CitEc
Citations:

Downloads: (external link)
http://journals.kluweronline.com/issn/0927-7099/contents (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:kap:compec:v:10:y:1997:i:1:p:15-45

Ordering information: This journal article can be ordered from
http://www.springer. ... ry/journal/10614/PS2

Access Statistics for this article

Computational Economics is currently edited by Hans Amman

More articles in Computational Economics from Springer, Society for Computational Economics Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().