Numerical analysis of Markov-perfect equilibria with multiple stable steady states: a duopoly application with innovative firms

DOI10.1007/s13235-016-0213-3zbMath1391.91047OpenAlexW2307173668WikidataQ59529356 ScholiaQ59529356MaRDI QIDQ1697411

Herbert Dawid, Peter M. Kort, Michel Y. Keoula

Publication date: 19 February 2018

Published in: Dynamic Games and Applications (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s13235-016-0213-3

zbMATH Keywords

collocationMarkov-perfect equilibriumproduct innovationSkiba curveR\&D competition

Mathematics Subject Classification ID

Numerical optimization and variational techniques (65K10) Differential games (aspects of game theory) (91A23) Special types of economic markets (including Cournot, Bertrand) (91B54)

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