Application of Cournot's model on a couple's budget allocation
Budget allocation of the couples belongs to the field of family finance management, but also represents a source of dispute among them, which directed the research of this topic towards family therapy and psychology. This paper will offer quantitative approach, implementing Cournot’s duopoly model...
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| Format: | Article |
| Language: | English |
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Juraj Dobrila University of Pula
2016-07-01
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| Series: | Review of Innovation and Competitiveness |
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| Online Access: | https://hrcak.srce.hr/file/239321 |
| Summary: | Budget allocation of the couples belongs to the field of family finance management, but also represents a source of dispute among them, which directed the research of this topic towards family therapy and psychology. This paper will offer quantitative approach, implementing
Cournot’s duopoly model to a situation of a couple’s budget allocation. That will emphasis the underlying economic principles, as well as show that there exists an equilibrium solution or an equilibrium set of possible solutions. |
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| ISSN: | 1849-8795 1849-9015 |