Nonlinear Oligopolies

Stability and Bifurcations

  • Gian Italo Bischi
  • Carl Chiarella
  • Michael Kopel
  • Ferenc Szidarovszky

Table of contents

  1. Front Matter
    Pages 1-12
  2. Gian-Italo Bischi, Carl Chiarella, Michael Kopel, Ferenc Szidarovszky
    Pages 1-49
  3. Gian-Italo Bischi, Carl Chiarella, Michael Kopel, Ferenc Szidarovszky
    Pages 51-101
  4. Gian-Italo Bischi, Carl Chiarella, Michael Kopel, Ferenc Szidarovszky
    Pages 103-140
  5. Gian-Italo Bischi, Carl Chiarella, Michael Kopel, Ferenc Szidarovszky
    Pages 141-206
  6. Gian-Italo Bischi, Carl Chiarella, Michael Kopel, Ferenc Szidarovszky
    Pages 207-270
  7. Gian-Italo Bischi, Carl Chiarella, Michael Kopel, Ferenc Szidarovszky
    Pages 271-274
  8. Back Matter
    Pages 1-55

About this book

Introduction

The book focuses on the dynamics of nonlinear oligopoly models. It discusses the classical Cournot model with a large variety of demand and cost functions that illustrate the many different types of possible best response functions and it shows the existence of unique and multiple equilibria. Particular emphasis is placed on the influence of nonnegativity and capacity constraints. Dynamics are introduced under various assumptions for the adjustment process. An introduction to the analysis of global dynamics is given through some specific examples. The book also considers concave and general oligopolies and gives conditions for the local asymptotic stability of their equilibria, and it investigates global dynamics in some special cases. Other oligopolies examined include market share attraction games, labor-managed oligopolies, partially cooperating firms and models with intertemporal demand attraction. Local/global stability analyses are carried out for these models and the impact of constraints is discussed. The book contains a number of technical appendices that summarize techniques of global dynamics not easily accessible elsewhere.

 

Keywords

Bifurcations Economic Dynamics Nonlinear Oligopoly Oligopol Oligopolies Oligopoly Theory nonlinear dynamics

Authors and affiliations

  • Gian Italo Bischi
    • 1
  • Carl Chiarella
    • 2
  • Michael Kopel
    • 3
  • Ferenc Szidarovszky
    • 4
  1. 1.Department of Economics"Università di Urbino ""Carlo Bo"""UrbinoItaly
  2. 2.School of Finance & EconomicsUniversity of Technology, SydneySydneyAustralia
  3. 3.Inst. Organisation und, InstitutionenökonomikUniversität GrazGrazAustria
  4. 4.College of Engineering, Dept. Systems & Industrial EngineeringUniversity of ArizonaTucsonUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-02106-0
  • Copyright Information Springer-Verlag Berlin Heidelberg 2010
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Business and Economics
  • Print ISBN 978-3-642-02105-3
  • Online ISBN 978-3-642-02106-0
  • About this book