IMITATION DYNAMIC AND NASH EQUILIBRIUM IN COURNOT OLIGOPOLY WITH CAPACITIES

ALEX POSSAJENNIKOV

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IMITATION DYNAMIC AND NASH EQUILIBRIUM IN COURNOT OLIGOPOLY WITH CAPACITIES

机译：具有容量的古诺寡头的模拟动态和NASH平衡

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The paper considers an imitation dynamic in the context of Cournot oligopoly. The pure "imitate-the-best" behavior can lead to an outcome inconsistent with Cournot-Nash equilibrium. The paper extends purely imitative behavior to imperfect imitation in the two-stage model with capacities and prices. This variation in the imitative behavior improves efficiency and makes the Cournot-Nash equilibrium a possible outcome of the dynamic imitation process.

机译：本文考虑了古诺寡头垄断背景下的模仿动态。纯粹的“模仿最佳”行为可能导致与古诺·纳什均衡不一致的结果。本文将纯粹的模仿行为扩展为具有容量和价格的两阶段模型中的不完美模仿。模仿行为的这种变化提高了效率，并使古诺—纳什均衡成为动态模仿过程的可能结果。

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来源
《International game theory review》 |2003年第3期|p.291-305|共15页
作者
ALEX POSSAJENNIKOV;
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作者单位

School of Economics, University of Nottingham, University Park, Nottingham NG7 2RD, UK;

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原文格式 PDF
正文语种 eng
中图分类数理科学和化学;
关键词
imitation; cournot oligopoly; evolutionary games;

机译：模仿;古诺寡头;演化博弈;

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IMITATION DYNAMIC AND NASH EQUILIBRIUM IN COURNOT OLIGOPOLY WITH CAPACITIES

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