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Author:Tanaka, Y.
Title:Evolution to equilibrium in an asymmetric oligopoly with differentiated goods
Journal:International Journal of Industrial Organization
2001 : NOV, VOL. 19:9, p. 1423-1440
Index terms:EQUILIBRIUM ANALYSIS
OLIGOPOLY
STOCHASTIC PROCESSES
Language:eng
Abstract:The authors present results on finite population evolutionarily stable strategies (ESSs) and stochastically stable states for a model of evolution with an imitative rule of strategy choice in an asymmetric oligopoly with differentiated goods and two groups of firms, one group of low cost firms and one of high cost firms.
SCIMA record nr: 226513
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