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Dynamic Cournot Model and Stability Analysis in Oligopoly Market
寡占市场中动态古诺模型的建立及稳定性分析

Keywords: oligopoly,Cournot model,dynamic system,stability
寡占市场
,古诺模型,动态系统,稳定性

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Abstract:

In this paper a simple dynamic Cournot model with different market inverse demand functions and different production costs is established firstly. Then we give a stability analysis of this simple model and introduce a concept of expected output. Making use of this concept, we create a modified model. The results of dynamic simulation show that the modified model is more suitable to the practical economy situation and is a very efficient tool for manufacturers to making output decisions.

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