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Stochastically stable states in an oligopoly with differentiated goods: equivalence of price and quantity strategies

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  • Tanaka, Yasuhito

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  • Tanaka, Yasuhito, 2000. "Stochastically stable states in an oligopoly with differentiated goods: equivalence of price and quantity strategies," Journal of Mathematical Economics, Elsevier, vol. 34(2), pages 235-253, October.
  • Handle: RePEc:eee:mateco:v:34:y:2000:i:2:p:235-253
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    14. Yasuhito Tanaka, 1999. "Long run equilibria in an asymmetric oligopoly," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 14(3), pages 705-715.
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    Cited by:

    1. Hehenkamp, Burkhard & Possajennikov, Alex & Guse, Tobias, 2010. "On the equivalence of Nash and evolutionary equilibrium in finite populations," Journal of Economic Behavior & Organization, Elsevier, vol. 73(2), pages 254-258, February.
    2. Andreas Wagener, 2013. "Tax Competition, Relative Performance, And Policy Imitation," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 54(4), pages 1251-1264, November.
    3. Xiao, Tiaojun & Yu, Gang, 2006. "Supply chain disruption management and evolutionarily stable strategies of retailers in the quantity-setting duopoly situation with homogeneous goods," European Journal of Operational Research, Elsevier, vol. 173(2), pages 648-668, September.
    4. Abhimanyu Khan & Ronald Peeters, 2020. "Evolution of Behavior When Duopolists Choose Prices and Quantities," Dynamic Games and Applications, Springer, vol. 10(2), pages 493-508, June.
    5. Leininger, Wolfgang & Moghadam, Hamed Markazi, 2018. "Asymmetric oligopoly and evolutionary stability," Mathematical Social Sciences, Elsevier, vol. 96(C), pages 1-9.
    6. Ania, Ana B. & Wagener, Andreas, 2016. "Decentralized redistribution in a laboratory federation," Journal of Urban Economics, Elsevier, vol. 93(C), pages 49-59.
    7. repec:zbw:rwirep:0497 is not listed on IDEAS
    8. Khan, Abhimanyu & Peeters, Ronald, 2017. "Imitation and price competition in a differentiated market," Journal of Economic Dynamics and Control, Elsevier, vol. 82(C), pages 177-194.
    9. Alos-Ferrer, Carlos, 2004. "Cournot versus Walras in dynamic oligopolies with memory," International Journal of Industrial Organization, Elsevier, vol. 22(2), pages 193-217, February.
    10. Hsiao-Chi Chen & Yunshyong Chow & Shi-Miin Liu, 2024. "Dynamics of Cournot and Bertrand Firms: Exploring Imitation and Replicator Processes," Dynamic Games and Applications, Springer, vol. 14(5), pages 1057-1092, November.
    11. Ania, Ana B. & Wagener, Andreas, 2016. "Decentralized redistribution in a laboratory federation," Journal of Urban Economics, Elsevier, vol. 93(C), pages 49-59.
    12. Ania, Ana B., 2008. "Evolutionary stability and Nash equilibrium in finite populations, with an application to price competition," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 472-488, March.
    13. Harrington, Joseph Jr. & Chang, Myong-Hun, 2005. "Co-evolution of firms and consumers and the implications for market dominance," Journal of Economic Dynamics and Control, Elsevier, vol. 29(1-2), pages 245-276, January.
    14. Kevin Hasker, 2014. "The Emergent Seed: A Representation Theorem for Models of Stochastic Evolution and two formulas for Waiting Time," Levine's Working Paper Archive 786969000000000954, David K. Levine.
    15. Ania, Ana B., 2008. "Evolutionary stability and Nash equilibrium in finite populations, with an application to price competition," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 472-488, March.
    16. Hamed Markazi Moghadam, 2020. "Price and non-price competition in an oligopoly: an analysis of relative payoff maximizers," Journal of Evolutionary Economics, Springer, vol. 30(2), pages 507-521, April.
    17. Philipowski Robert, 2019. "Irrelevance of the Strategic Variable in the Case of Relative Performance Maximization," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 19(1), pages 1-7, January.
    18. Andreas Wagener, 2016. "Evolutionary Stability in Fiscal Competition," CESifo Working Paper Series 5791, CESifo.
    19. Armstrong, Mark & Huck, Steffen, 2010. "Behavioral economics as applied to firms: a primer," MPRA Paper 20356, University Library of Munich, Germany.
    20. Stegeman, Mark & Rhode, Paul, 2004. "Stochastic Darwinian equilibria in small and large populations," Games and Economic Behavior, Elsevier, vol. 49(1), pages 171-214, October.
    21. Jonas Hedlund, 2015. "Imitation in Cournot oligopolies with multiple markets," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 60(3), pages 567-587, November.
    22. Leininger, Wolfgang & Moghadam, Hamed M., 2014. "Evolutionary Stability in Asymmetric Oligopoly. A Non-Walrasian Result," Ruhr Economic Papers 497, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    23. Wolfgang Leininger & Hamed Moghadam, 2014. "Evolutionary Stability in Asymmetric Oligopoly. A Non-Walrasian Result," Ruhr Economic Papers 0497, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.

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