1. |
- Puu, Tönu, 1936-
(författare)
-
The chaotic duopolists revisited
- 1998
-
Ingår i: Journal of Economic Behavior and Organization. - 0167-2681 .- 1879-1751. ; 33:3-4, s. 385-394
-
Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)abstract
- The adjustment process of three oligopolists is studied, under Cournot and Stackelberg action. It is demonstrated that with an iso-elastic demand function and constant marginal costs, the system can result in periodic or in chaotic behaviour. In particular, the case with two identical and one different oligopolists is focused, which turns into a virtual duopoly, though displaying a wider set of bifurcations than can occur in genuine duopoly.
|
|
2. |
|
|
3. |
|
|
4. |
- Holm, Jerker
(författare)
-
Markets are more than Bits
- 2007
-
Ingår i: Journal of Economic Behavior and Organization. - : Elsevier BV. - 0167-2681. ; 63:2, s. 256-261
-
Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)abstract
- This paper argues that the main contribution of Mirowski's paper is the new combination of some seemingly unrelated ideas, like principles for market evolvement and automata theory. Furthermore, many of Mirowski's ideas ought to be inspiring for future economic research. However, it is argued that some ideas, if scrutinized, are difficult to motivate, and other need further refinement before they can provide a firm basis for a new research programme in economics. (c) 2006 Elsevier B.V. All rights reserved.
|
|