Unique Open Loop Nash Equilibria on the Infinite Time Horizon

2001 ◽  
Vol 34 (20) ◽  
pp. 29-34
Author(s):  
Gerhard Jank ◽  
Dirk Kremer ◽  
Gábor Kun
Author(s):  
Katarzyna Kańska ◽  
Agnieszka Wiszniewska-Matyszkiel

AbstractIn this paper, we study a model of a market with asymmetric information and sticky prices—the dynamic Stackelberg model with a myopic follower and infinite time horizon of Fujiwara ("Economics Bulletin" 12(12), 1–9 (2006)). We perform a comprehensive analysis of the equilibria instead of concentrating on the steady state only. We study both the equilibria for open loop and feedback information structure, which turn out to coincide, and we compare the results with the results for Cournot-Nash equilibria.


2013 ◽  
Vol 8 (1) ◽  
pp. 1273-1278
Author(s):  
Srichandan Mishra ◽  
S.P. Mishra ◽  
N. Mishra ◽  
J. Panda

In this paper we discuss the development of an inventory model for deteriorating items which investigates an instantaneous replenishment model for the items under cost minimization. A time varying type of demand rate with infinite time horizon, exponential deterioration and with shortage in considered. The result is illustrated with numerical example.


2010 ◽  
Vol 55 (3) ◽  
pp. 767-772 ◽  
Author(s):  
Sergej Celikovsky ◽  
Stepan Papacek ◽  
Alejandro Cervantes-Herrera ◽  
Javier Ruiz-Leon

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