The paper considers a simple oligopoly model where firms know their own and the average pay-off in the industry. Firms choose decision rules for trading. The theory predicts that there are three types of Nash equilibria in this game (collusive, Cournot an

Stefano DeMichelis، نويسنده , , O. Tarola، نويسنده ,

روزنامه با شماره پیاپی سال 2006

10

169

178

Dynamic programming , Planning investment , Firm size , Economic behaviour

Research in Economics

2006

Research in Economics

231131