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https://hdl.handle.net/10216/101655
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DC Field | Value | Language |
---|---|---|
dc.creator | Alberto A. Pinto | |
dc.creator | Bruno M. P. M. Oliveira | |
dc.creator | Fernanda A. Ferreira | |
dc.creator | Miguel Ferreira | |
dc.date.accessioned | 2022-09-15T04:00:12Z | - |
dc.date.available | 2022-09-15T04:00:12Z | - |
dc.date.issued | 2009 | |
dc.identifier.other | sigarra:48733 | |
dc.identifier.uri | https://hdl.handle.net/10216/101655 | - |
dc.description | We present deterministic dynamics on the production costs of Cournot competitions, based on perfect Nash equilibria of nonlinear R&D investment strategies to reduce the production costs of the firms at every period of the game. We analyse the effects that the R&D investment strategies can have in the profits of the firms along the time. We show that small changes in the initial production costs or small changes in the parameters that determine the efficiency of the R&D programs or of the firms can produce strong economic effects in the long run of the profits of the firms. | |
dc.description.abstract | We present deterministic dynamics on the production costs of Cournot competitions, based on perfect Nash equilibria of nonlinear R&D investment strategies to reduce the production costs of the firms at every period of the game. We analyse the effects that the R&D investment strategies can have in the profits of the firms along the time. We show that small changes in the initial production costs or small changes in the parameters that determine the efficiency of the R&D programs or of the firms can produce strong economic effects in the long run of the profits of the firms. | |
dc.language.iso | eng | |
dc.relation.ispartof | Intelligent Engineering Systems and Computational Cybernetics | |
dc.rights | restrictedAccess | |
dc.subject | Matemática | |
dc.subject | Mathematics | |
dc.title | Investing to Survive in a Duopoly Model | |
dc.type | Capítulo ou Parte de Livro | |
dc.contributor.uporto | Faculdade de Ciências | |
dc.identifier.doi | 10.1007/978-1-4020-8678-6_35 | |
dc.identifier.authenticus | P-00H-02X | |
dc.subject.fos | Ciências exactas e naturais::Matemática | |
dc.subject.fos | Natural sciences::Mathematics | |
Appears in Collections: | FCUP - Capítulo ou Parte de Livro |
Files in This Item:
File | Description | Size | Format | |
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48733.pdf Restricted Access | 2.91 MB | Adobe PDF | Request a copy from the Author(s) |
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