On the feedback solution of a differential oligopoly game with capacity adjustment
Davide Dragone,
Luca Lambertini () and
Arsen Palestini ()
Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna
Abstract:
We propose a simple method for characterising analytically the feedback solution of oligopoly games with capital accumulation la Solow-Swan. As a result, it becomes possible to contrast the feedback equilibrium against the corresponding one generated by open-loop information. Our method accomodates extensions of the stripped down oligopoly model in several directions. As an example, we expand the setup to include environmental effects and Pigouvian taxation.
JEL-codes: C73 L13 Q55 (search for similar items in EconPapers)
Date: 2011-03
New Economics Papers: this item is included in nep-com and nep-gth
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:wp741
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