The stability of dynamic n-person Cournot games with strategic adjustment costs

doi:10.1016/j.chaos.2023.114409

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	The stability of dynamic n-person Cournot games with strategic adjustment costs
	Wang, Chun 1; Tang, Wei 1,2; Pi, Jinxiu 3
	2024-02
发表期刊	CHAOS SOLITONS & FRACTALS
ISSN	0960-0779
卷号	179
摘要	In certain Cournot games, firms have to incur additional costs when adjusting production plans, such as scheduling of employees and machines, which is usually neglected. Therefore, by designing a quadratic cost function, these strategic adjustment costs are introduced in a dynamic n -person Cournot game with adaptive expectation. And both theoretical and numerical analyses demonstrate that the costs improve the stability of the original Cournot-Nash equilibrium. This implies that the Cournot-Nash equilibria with over three firms are not as fragile as previously believed.
关键词	Dynamic n-person Cournot games Strategic adjustment costs Adaptive expectation Asymptotical stability
其他关键词	DUOPOLY GAME ; OLIGOPOLY MODEL ; EQUILIBRIUM
DOI	10.1016/j.chaos.2023.114409
收录类别	SCIE
语种	英语
WOS研究方向	Mathematics ; Physics
WOS类目	Mathematics, Interdisciplinary Applications ; Physics, Multidisciplinary ; Physics, Mathematical
WOS记录号	WOS:001151223600001
出版者	PERGAMON-ELSEVIER SCIENCE LTD
原始文献类型	Article
EISSN	1873-2887
引用统计	被引频次：2[WOS] [WOS记录] [WOS相关记录]
文献类型	期刊论文
条目标识符	http://ir.library.ouchn.edu.cn/handle/39V7QQFX/169757
专题	国家开放大学
通讯作者	Pi, Jinxiu
作者单位	1.Guizhou Open Univ, Sch Informat Engn, Guiyang 550023, Guizhou, Peoples R China; 2.Guizhou Univ, Sch Math & Stat, Guiyang 550025, Guizhou, Peoples R China; 3.Hunan Univ Arts & Sci, Sch Math & Phys, Changde 415000, Hunan, Peoples R China
推荐引用方式 GB/T 7714	Wang, Chun,Tang, Wei,Pi, Jinxiu. The stability of dynamic n-person Cournot games with strategic adjustment costs[J]. CHAOS SOLITONS & FRACTALS,2024,179.
APA	Wang, Chun,Tang, Wei,&Pi, Jinxiu.(2024).The stability of dynamic n-person Cournot games with strategic adjustment costs.CHAOS SOLITONS & FRACTALS,179.
MLA	Wang, Chun,et al."The stability of dynamic n-person Cournot games with strategic adjustment costs".CHAOS SOLITONS & FRACTALS 179(2024).