In order to take into account the territory in which the outputs are in the market and the time-depending firms' strategies, the discrete Cournot duopoly game (with adaptive expectations, modeled by Kopel) is generalized through a non autonomous reaction-diffusion binary system of PDEs, with self and cross diffusion terms. Linear and nonlinear asymptotic L2-stability, via the Liapunov Direct Methot and a nonautonomous energy functional, are investigated.
Stability of a Continuous Reaction-Diffusion Cournot-Kopel Duopoly Game Model / Rionero, Salvatore; Torcicollo, Isabella. - In: ACTA APPLICANDAE MATHEMATICAE. - ISSN 0167-8019. - 132:1(2014), pp. 505-513. [10.1007/s10440-014-9932-x]
Stability of a Continuous Reaction-Diffusion Cournot-Kopel Duopoly Game Model
RIONERO, SALVATORE;TORCICOLLO, ISABELLA
2014
Abstract
In order to take into account the territory in which the outputs are in the market and the time-depending firms' strategies, the discrete Cournot duopoly game (with adaptive expectations, modeled by Kopel) is generalized through a non autonomous reaction-diffusion binary system of PDEs, with self and cross diffusion terms. Linear and nonlinear asymptotic L2-stability, via the Liapunov Direct Methot and a nonautonomous energy functional, are investigated.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.