Article ID Journal Published Year Pages File Type
5099529 Journal of Economic Dynamics and Control 2008 8 Pages PDF
Abstract
A sufficient condition is derived for the global stability of a unique interior Nash equilibrium in an aggregative game. The condition is applied to investigate the global stability of the Nash-Cournot equilibrium in Cournot oligopoly without product differentiation and that of the Nash equilibrium in rent-seeking games.
Related Topics
Physical Sciences and Engineering Mathematics Control and Optimization
Authors
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