Item description for Oligopoly Dynamics: Models and Tools by Tonu Puu & Irina Suchko...
This book has its focus on the dynamics of oligopoly games. Several contributions show how easily the unique Nash equilibria in some most traditional oligopoly models may lose stability, giving way to complex phenomena, such as periodic/chaotic processes, and to multi stability of coexistent attractors. The bifurcations producing these phenomena are studied by means of recently accumulated global methods, based on the use of critical curves. These tools are explained in a separate methodological chapter. The book also contains some historical background of the present theory. In this way the book becomes suitable also as an advanced text for industrial organisation courses. The various models presented in the book focus both classical Cournot types, and Hotelling`s "ice cream vendor" problems, including location choice. The author list comprises some of the most prolific contributors to current dynamic oligopoly modelling.
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Est. Packaging Dimensions: Length: 1" Width: 6.5" Height: 9.25" Weight: 1.35 lbs.
Release Date May 3, 2002
ISBN 3540431861 ISBN13 9783540431862
Availability 70 units. Availability accurate as of Oct 23, 2016 06:16.
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