... because the same number of producers act on each of them. Every producer chooses his own supply volumes on every market using the price situations, his own costs, and production and delivery limitations. It is proved that in the case of linear demand functions the problem of finding the Nash equilibria in the model of interacting Cournot markets represents a potential game, i.e., it is equivalent to a mathematical programming problem. Nonlinear demand functions linearization procedures and preferences ...
Теги: functions , mathematical programming cournot , cournot model , demand function , initial problem , linearization procedures , mathematical programming problem , nash equilibria , potential games