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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Main Author: Katarina Kostelić
Format: Article
Language:English
Published: Juraj Dobrila University of Pula 2016-07-01
Series:Review of Innovation and Competitiveness
Subjects:
Online Access:https://hrcak.srce.hr/file/239321
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author Katarina Kostelić
author_facet Katarina Kostelić
author_sort Katarina Kostelić
collection DOAJ
description 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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spelling doaj.art-729043a189d044589ee2ea4e47f0aacd2022-12-21T23:42:26ZengJuraj Dobrila University of PulaReview of Innovation and Competitiveness1849-87951849-90152016-07-01223146Application of Cournot's model on a couple's budget allocationKatarina KostelićBudget 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.https://hrcak.srce.hr/file/239321applied game theory; couple decision-making; family finance management
spellingShingle Katarina Kostelić
Application of Cournot's model on a couple's budget allocation
Review of Innovation and Competitiveness
applied game theory; couple decision-making; family finance management
title Application of Cournot's model on a couple's budget allocation
title_full Application of Cournot's model on a couple's budget allocation
title_fullStr Application of Cournot's model on a couple's budget allocation
title_full_unstemmed Application of Cournot's model on a couple's budget allocation
title_short Application of Cournot's model on a couple's budget allocation
title_sort application of cournot s model on a couple s budget allocation
topic applied game theory; couple decision-making; family finance management
url https://hrcak.srce.hr/file/239321
work_keys_str_mv AT katarinakostelic applicationofcournotsmodelonacouplesbudgetallocation