Effects of Size, Composition, and Evolutionary Pressure in Heterogeneous Cournot Oligopolies with Best Response Decisional Mechanisms

We study heterogeneous Cournot oligopolies of variable sizes and compositions, in which the firms have different degrees of rationality, being either rational firms with perfect foresight or naive best response firms with static expectations. Each oligopoly can be described using its size and com...

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Bibliographic Details
Main Authors: Fausto Cavalli, Ahmad Naimzada, Marina Pireddu
Format: Article
Language:English
Published: Wiley 2015-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2015/273026
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