Global Exponential Stability of Cournot Duopolies with Delays
Wei Chen and
Wentao Wang ()
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Wei Chen: Shanghai Lixin University of Commerce
Wentao Wang: Jiaxing University
Computational Economics, 2016, vol. 48, issue 1, No 7, 147-154
Abstract:
Abstract This paper is concerned with Cournot duopolies with delays. By employing a novel proof, some sufficient criteria are established to ensure the existence of positive solutions and global exponential stability of Cournot equilibrium, which are new and complement of previously known results. Moreover, an example and its numerical simulations are given to support the theoretical result.
Keywords: Cournot duopolies; Delay; Exponential stability; Equilibrium (search for similar items in EconPapers)
Date: 2016
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DOI: 10.1007/s10614-015-9503-x
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