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On dynamical multi-team Cournot game in exploitation of a renewable resource

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  • Asker, S.S.

Abstract

A dynamical multi-team Cournot game is formulated for a renewable resource (harvest fish and sell it in a market). Puu’s imperfect information to dynamic standard game is generalized to multi-team Cournot game. The asymptotic stability of the equilibrium solution of the resulting game is studied.

Suggested Citation

  • Asker, S.S., 2007. "On dynamical multi-team Cournot game in exploitation of a renewable resource," Chaos, Solitons & Fractals, Elsevier, vol. 32(1), pages 264-268.
  • Handle: RePEc:eee:chsofr:v:32:y:2007:i:1:p:264-268
    DOI: 10.1016/j.chaos.2005.10.110
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    References listed on IDEAS

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    1. Bischi, Gian Italo & Kopel, Michael, 2001. "Equilibrium selection in a nonlinear duopoly game with adaptive expectations," Journal of Economic Behavior & Organization, Elsevier, vol. 46(1), pages 73-100, September.
    2. Y. Liu & M. A. Simaan, 2004. "Noninferior Nash Strategies for Multi-Team Systems," Journal of Optimization Theory and Applications, Springer, vol. 120(1), pages 29-51, January.
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    Cited by:

    1. G. Rigatos, 2021. "Statistical Validation of Multi-Agent Financial Models Using the H-Infinity Kalman Filter," Computational Economics, Springer;Society for Computational Economics, vol. 58(3), pages 777-798, October.
    2. Bischi, Gian Italo & Kopel, Michael & Szidarovszky, Ferenc, 2014. "A note on the paper ‘On dynamical multi-team Cournot game in exploitation of a renewable resource’," Chaos, Solitons & Fractals, Elsevier, vol. 62, pages 34-35.

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