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Bounded Rationality in Duopoly Games (Dissertation)Zum Shop

Bounded Rationality in Duopoly Games

Schriftenreihe volkswirtschaftliche Forschungsergebnisse

This study consists of four independent research papers covering different duopoly models. Chapter 1, 2 and 3 deal with bounded rational firms in a dynamic framework, whereas in chapter 4 a static model is considered. In chapter 1 the joint paper `Generalized adaptive expectations dynamics in two-stage games‘ with Herbert Dawid is introduced. The paper `Duopoly…

Adaptive ExpectationsBest response dynamicsBounded RationalityCost ExternalitiesDynamical SystemsNash EquilibriumOligopoly GamesStabilitySubgame perfect Nash equilibriumSubjective CostsSubjective DemandVolkswirtschaftslehre