000121394 001__ 121394
000121394 005__ 20230914083701.0
000121394 0247_ $$2doi$$a10.24309/recta.2021.22.1.04
000121394 0248_ $$2sideral$$a132120
000121394 037__ $$aART-2022-132120
000121394 041__ $$aeng
000121394 100__ $$0(orcid)0000-0002-0679-6340$$aAndaluz, Joaquín$$uUniversidad de Zaragoza
000121394 245__ $$aOn the dynamic stability of the Cournot duopoly solution under bounded rationality
000121394 260__ $$c2022
000121394 5060_ $$aAccess copy available to the general public$$fUnrestricted
000121394 5203_ $$aThe most of the oligopolistic models described in the existing literature analyze dynamic processes and the stability of the Nash equilibrium by introducing concrete specifications for the demand and the cost functions. This paper analyzes the dynamic stability of the Cournot-Nash equilibrium in the context of a duopoly using general functions to establish both demand and costs. The condition that guarantees the stability of the Nash equilibrium under the adjustment process implicit in the Cournot’s original model is found to be a key requirement underpinning the dynamic stability of the Cournot-Nash equilibrium regardless of the firms’ expectations scheme. Moreover, this condition is more decisive the higher the degree of rationality of firms.
000121394 540__ $$9info:eu-repo/semantics/openAccess$$aby-nc$$uhttp://creativecommons.org/licenses/by-nc/3.0/es/
000121394 592__ $$a0.102$$b2022
000121394 593__ $$aEconomics and Econometrics$$c2022$$dQ4
000121394 593__ $$aApplied Mathematics$$c2022$$dQ4
000121394 594__ $$a0.3$$b2022
000121394 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion
000121394 700__ $$aCasinos, Jorge
000121394 700__ $$0(orcid)0000-0001-6267-990X$$aJarne, Gloria$$uUniversidad de Zaragoza
000121394 7102_ $$14000$$2415$$aUniversidad de Zaragoza$$bDpto. Análisis Económico$$cÁrea Fund. Análisis Económico
000121394 773__ $$g22 (2022), 51-62$$pRect@, Rev. electrón. comun. trab. ASEPUMA$$tRect@. Revista electrónica de comunicaciones y trabajos de ASEPUMA$$x1575-605X
000121394 8564_ $$s659178$$uhttps://zaguan.unizar.es/record/121394/files/texto_completo.pdf$$yVersión publicada
000121394 8564_ $$s1351419$$uhttps://zaguan.unizar.es/record/121394/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada
000121394 909CO $$ooai:zaguan.unizar.es:121394$$particulos$$pdriver
000121394 951__ $$a2023-09-13-14:24:54
000121394 980__ $$aARTICLE