| Article ID: | iaor19931019 |
| Country: | Belgium |
| Volume: | 30 |
| Start Page Number: | 3 |
| End Page Number: | 34 |
| Publication Date: | Sep 1990 |
| Journal: | Belgian Journal of Operations Research, Statistics and Computer Science |
| Authors: | Szidarovszky Ferenc, Okuguchi Koji |
| Keywords: | financial, information |
Linear multiproduct oligopoly markets are examined in a dynamic framework, in which the time-scale is assumed either discrete or continuous. The stability of the dynamic processes is discussed under four different kinds of assumptions on the expectations of the firms on the rivals’ behavior. Namely expectation à la Cournot, adaptive and extrapolative expectations, and sequential adjustments are investigated.