The dynamics of a triopoly Cournot game

摘要: This paper reconsiders the Cournot oligopoly (noncooperative) game with iso-elastic demand and constant marginal costs, one of rare cases where reaction functions can be derived in closed form. It focuses case three competitors, so also extends critical line method for non-invertible maps to study surfaces 3D. By this various bifurcations attractors their basins are studied. As a special restriction map an invariant plane when two firms identical is focused. ” 2000 Elsevier Science Ltd. All rights reserved.