Simultaneous vs Sequential Adjustments in a Duopoly

被引:0
|
作者
Ibrahim, Adyda [1 ]
Karim, Sharmila [1 ]
Zaibidi, Nerda Zura [1 ]
机构
[1] Univ Utara Malaysia, Coll Arts & Sci, Sch Quantitat Sci, Sintok 06010, Malaysia
关键词
duopoly; simultaneous; sequential;
D O I
10.1063/1.4903602
中图分类号
O59 [应用物理学];
学科分类号
摘要
In a duopoly situation, two firms can move towards the equilibrium point either sequentially or simultaneously. In the case of equal costs and equal initial outputs, numerical results in this paper show the effect of simultaneous adjustment and sequential adjustment on the length of time it takes for a firm to reach the Cournot equilibrium, and the total profit accumulated up until reaching the equilibrium point.
引用
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页码:323 / 326
页数:4
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