Linear convergence of Tatonnement in a Bertrand oligopoly
We show the linear convergence of the tatonnement scheme in a Bertrand oligopoly price competition game using a possibly asymmetric attraction demand model with convex costs. To demonstrate this, we also show the existence of the equilibrium.
- Publisher
- SPRINGER-VERLAG BERLIN
- Issue Date
- 2006
- Language
- English
- Article Type
- Article; Proceedings Paper
- Citation
COMPUTATIONAL SCIENCE AND ITS APPLICATIONS - ICCSA 2006, PT 3 BOOK SERIES: LECTURE NOTES IN COMPUTER SCIENCE, v.3982, pp.822 - 831
- ISSN
- 0302-9743
- Appears in Collection
- RIMS Journal Papers
- Files in This Item
- There are no files associated with this item.
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