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On dynamical multi-team Cournot game in exploitation of a renewable resource. (English) Zbl 1133.91510
Summary: A dynamical multi-team Cournot game is formulated for a renewable resource (harvest fish and sell it in a market). Puu’s imperfect information to dynamic standard game is generalized to multi-team Cournot game. The asymptotic stability of the equilibrium solution of the resulting game is studied.

91B76Environmental economics (natural resource models, harvesting, pollution, etc.)
37N40Dynamical systems in optimization and economics
91A50Discrete-time games
Full Text: DOI
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