Game-theoretic models of an oligopoly market with nonlinear agent cost functions

Game-theoretic models of an oligopoly market with nonlinear agent cost functions

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Article ID: iaor20174349
Volume: 78
Issue: 9
Start Page Number: 1631
End Page Number: 1650
Publication Date: Sep 2017
Journal: Automation and Remote Control
Authors: ,
Keywords: game theory, simulation, information
Abstract:

We construct oligopoly models for nonlinear cost functions of agents under reflexive information. We obtain conditions for Nash equilibria under symmetric and asymmetric agent information in Cournot and Stackelberg reaction models (in case of one or several leaders).

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