Ibrahim, Adyda and Karim, Sharmila and Zabidi, Nerda Zura (2014) Simultaneous vs sequential adjustments in a duopoly. In: 3rd International Conference on Quantitative Sciences and its Applications (ICOQSIA 2014), 12–14 August 2014, Langkawi, Kedah Malaysia.

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Abstract

In a duopoly situation, two firms can move towards the equilibrium point either sequentially or simultaneously. In the case of equal costs and equal initial outputs, numerical results in this paper show the effect of simultaneous adjustment and sequential adjustment on the length of time it takes for a firm to reach the Cournot equilibrium, and the total profit accumulated up until reaching the equilibrium point.

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	ISBN: 978-0-7354-1274-3
Subjects:	Q Science > QA Mathematics
Divisions:	School of Quantitative Sciences
Depositing User:	Mrs. Adyda Ibrahim
Date Deposited:	07 Jan 2016 04:42
Last Modified:	17 May 2016 08:04
URI:	https://repo.uum.edu.my/id/eprint/16847

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