Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
8254669 | Chaos, Solitons & Fractals | 2016 | 5 Pages |
Abstract
The current paper introduces a discussion between two different scenarios of Cournot games. Based on parameters time-dependent, a price function and discrete time scale are used to establish two Cournot models. The first model which we call it the non-cooperative model portrays a competition between two firms. On the other hand, the second model that is called the cooperative model is constructed based on the tit-for-tat mechanism. For the two models, analytical and numerical studies are performed to show the comparison between them.
Related Topics
Physical Sciences and Engineering
Physics and Astronomy
Statistical and Nonlinear Physics
Authors
S.S. Askar, K. Alnowibet,