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dc.contributor.authorCánovas Peña, José Salvador 
dc.contributor.authorPuu, Tönu 
dc.contributor.authorRuiz Marín, Manuel 
dc.date.accessioned2009-05-28T08:31:50Z
dc.date.available2009-05-28T08:31:50Z
dc.date.issued2008-08
dc.identifier.citationCÁNOVAS, J.S., PUU, Tönu, RUIZ, Manuel. The Cournot-Theocharis Problem Reconsidered. Chaos, Solitons & Fractals, 37 (4): 1025-1039, Agosto 2008. ISSN 0960-0779es
dc.identifier.issn0960-0779
dc.description.abstractIn 1959 Theocharis [10] showed that with linear demand and constant marginal costs Cournot equilibrium is destabilized when the competitors become more than three. With three competitors the Cournot equilibrium point becomes neutrally stable, so, even then, any perturbation throws the system into an endless oscillation. Theocharis's argument was in fact proposed already in 1939 by Palander [4]. None of these authors considered the global dynamics of the system, which necessarily becomes nonlinear when consideration is taken of the facts that prices, supply quantities, and profits of active firms cannot be negative. In the present paper we address the global dynamics.es
dc.description.sponsorshipThe authors 1 and 3 are partially supported by the grant FS 00684/PI/04 from Fundación Séneca (Comunidad Autónoma de la Región de Murcia, Spain)es
dc.formatapplication/pdf
dc.language.isoenges
dc.publisherElsevieres
dc.rightshttp://www.elsevier.com/wps/find/journaldescription.cws_home/967/description#descriptiones
dc.titleThe Cournot-Theocharis Problem Reconsideredes
dc.typeinfo:eu-repo/semantics/articlees
dc.subjectDemanda lineales
dc.subjectCompetidoreses
dc.subjectPunto Cournotes
dc.subjectArgumento Theocharises
dc.subjectDinámica globales
dc.subjectLinear demandes
dc.subjectCompetitorses
dc.subjectCournot pointes
dc.subjectMarginal costses
dc.subjectTheocharis's argumentes
dc.subject.otherEconomía Aplicadaes
dc.identifier.urihttp://hdl.handle.net/10317/1001
dc.identifier.doi10.1016/j.chaos.2006.09.081


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