On Cournot dynamic multi-team game using incomplete information dynamical system
نویسندگان
چکیده
In this paper, we study an incomplete information dynamical system. Then, we suggest a modification of this system and we applied it to the standard Cournot game. The equilibrium solutions and the conditions of their locally asymptotic stability for the static and the dynamic in monopoly and duopoly cases are studied. Also, we formulate and study the multi-team dynamic Cournot game. (C) 2012 Elsevier Inc. All rights reserved.
منابع مشابه
برنامهریزی توسعه منابع انرژی گسترده با بهرهگیری از شبیهسازی مونت کارلو در فضای نظریه بازیها با اطلاعات ناقص
This paper proposes a dynamic game approach to distributed energy resource (DER) expansion planning from investors’ viewpoint with incomplete information. An innovative framework is proposed here to encounter different aspects of DER planning. Wind turbines, gas engines and combined heat and power (CHP) are considered as DERs in this study. For reducing the risk of investment, some suppor...
متن کاملOn the stability of quadratic dynamics in discrete time n-player Cournot games
Motivated by analyzing the dynamic adjustment process of players in an n-player Cournot game, in this paper a discrete-time quadratic dynamical system is proposed and the stability of its equilibrium is analyzed. Several output adjustment mechanisms (e.g. best reply, adaptive adjustment and myopic) and expectations (e.g. naïve and adaptive) in a Cournot game with linear price function and quadr...
متن کاملOn Dynamical Cournot Game on a Graph
Cournot dynamical game is studied on a graph. The stability of the system is studied. Prisoner's dilemma game is used to model natural gas transmission.
متن کاملExpectation-Stock Dynamics in Multi-Agent Fisheries
In this paper we consider a game-theoretic dynamic model describing the exploitation of a renewable resource. Our model is based on a Cournot oligopoly game where n profit-maximizing players harvest fish and sell their catch on m markets. We assume that the players do not know the law governing the reproduction of the resource. Instead they use an adaptive updating scheme to forecast the future...
متن کاملBidding strategies in dynamic electricity markets
In this paper the problem of developing bidding strategies for the participants of dynamic oligopolistic electricity markets is studied. Attention is given to strategic bidding of load serving entities (LSE) in these markets. We model oligopolistic electricity markets as non-linear dynamical systems and use discrete-time Nash bidding strategies. We assume a Cournot model for our game, where the...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید
ثبت ناماگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید
ورودعنوان ژورنال:
- Applied Mathematics and Computation
دوره 218 شماره
صفحات -
تاریخ انتشار 2012