On the stability of price-adjusting oligopolies with incomplete information

被引：1
|
作者：
Chiarella, C
Szidarovszky, F
机构：
[1] Univ Technol Sydney, Sch Finance & Econ, Broadway, NSW 2007, Australia
[2] Univ Arizona, Dept Syst & Ind Engn, Tucson, AZ 85721 USA
来源：
INTERNATIONAL JOURNAL OF SYSTEMS SCIENCE | 2005年 / 36卷 / 08期
关键词：
price-adjusting; oligopolies; Bertrand oligopolies; stability;
D O I：
10.1080/00207720500139716
中图分类号：
TP [自动化技术、计算机技术];
学科分类号：
0812 ;
摘要：
A general linear price-adjusting scheme is examined in non-linear Bertrand oligopolies that contains the models of Negishi and Jin as special cases among others. The existence of a unique equilibrium of the dynamic process is first proved, and then under realistic conditions, the global asymptotic stability of the equilibrium is verified. Particular cases illustrate the general results.
引用
收藏
页码：501 / 507
页数：7
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