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On Cournot dynamic multi-team game using incomplete information dynamical system. (English) Zbl 1247.91025
Summary: We study an incomplete information dynamical system. Then, we suggest a modification of this system and we applied it to the standard Cournot game. The equilibrium solutions and the conditions of their locally asymptotic stability for the static and the dynamic in monopoly and duopoly cases are studied. Also, we formulate and study the multi-team dynamic Cournot game.
MSC:
91A25Dynamic games
37N40Dynamical systems in optimization and economics
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References:
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