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Asymmetric Cournot duopoly: game complete analysis

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  • Carfì, David
  • Perrone, Emanuele

Abstract

In this paper we apply the Complete Analysis of Differentiable Games (introduced by D. Carfì in [3], [6], [8], [9]; already employed by himself and others in [4], [5], [7]) and some new algorithms using the software wxMaxima 11.04.0, in order to reach a total scenario knowledge (that is the total knowledge of the payoff space of the interaction) of the classic Cournot Duopoly (1838), viewed as a complex interaction between two competitive subjects, in a particularly interesting asymmetric case. The software wxMaxima is an interface for the computer algebra system Maxima. Maxima is a system for the manipulation of symbolic and numerical expressions, including differentiation, sets, vectors and matrices.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 37093.

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Date of creation: 2012
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Handle: RePEc:pra:mprapa:37093

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Related research

Keywords: Asymmetric Cournot Duopoly; Normal-form Games; Software algorithms in Microeconomic Policy; Complete Analysis of a normal-form game; Pareto optima; valuation of Nash equilibriums; Bargaining solutions;

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Cited by:
  1. David CARFI & Caterina FICI, 2012. "The Government-Taxpayer Game," Theoretical and Practical Research in Economic Fields, ASERS Publishing, ASERS Publishing, vol. 0(1), pages 13-25, June.

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