Mixed Market Structure and R &D: A Differential Game Approach

A Differential Oligopoly Game with Sticky Prices and Environmental Externality

A game theory approach to the Iranian forest industry raw material market

Dynamic game theory is applied to analyze the timber market in northern Iran as a duopsony. The Nash equilibrium and the dynamic properties of the system based on marginal adjustments are determined. When timber is sold, the different mills use mixed strategies to give sealed bids. It is found that the decision probability combination of the different mills follow a special form of attractor an...

Stochastic Recursive Zero-Sum Differential Game and Mixed Zero-Sum Differential Game Problem

Under the notable Issacs’s condition on the Hamiltonian, the existence results of a saddle point are obtained for the stochastic recursive zero-sum differential game and mixed differential game problem, that is, the agents can also decide the optimal stopping time. Themain tools are backward stochastic differential equations BSDEs and double-barrier reflected BSDEs. As the motivation and applic...

Game-theoretic Models of Market Structure

This paper reviews the recent literature on game-theoretic models of market structure and their empirical implementation.

Market Structure , Organizational Structure , and R & D Diversity

We examine the effects of market structure and the internal organization of firms on equilibrium R&D projects. We compare a monopolist's choice of R&D portfolio to that of a welfare maximizer. We next show that Sah and Stiglitz's finding that the market portfolio of R&D is independent of the number of firms under Bertrand competition extends to neither Cournot oligopoly nor a cartel. We also sh...