Price versus Quantity Rules in Dynamic Competition: The Case of Nonrenewable Natural Resources

DOI10.2307/2527166zbMath0701.90017OpenAlexW1986456184MaRDI QIDQ3479763

Gérard Gaudet, Michel Moreaux

Publication date: 1990

Published in: International Economic Review (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/2527166

zbMATH Keywords

subgame-perfect equilibrianonrenewable natural resource duopolyPrice and quantity competition

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62) Other game-theoretic models (91A40) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Multistage and repeated games (91A20)

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On the Markovian efficiency of Bertrand and Cournot equilibria

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