Stability properties of a Cournot-type oligopoly model with time delay
The paper studies a Cournot game involving n private firms, where the firms’ interactions are analyzed in a discrete-time setting with time delay. The past production levels of other private firms have an impact on the production levels of each private firm. We performed a local stability analysis o...
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Format: | Article |
Language: | English |
Published: |
Sciendo
2023-06-01
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Series: | Annals of the West University of Timisoara: Mathematics and Computer Science |
Subjects: | |
Online Access: | https://doi.org/10.2478/awutm-2023-0010 |