Explore a 41-minute research seminar on game dynamics and applications that investigates comparative dynamics in dynamic oligopoly models of capital accumulation. Delve into the analysis of symmetric Open-loop Nash Equilibria (OLNE) using Oniki's variational method, examining how various parameters affect equilibrium outcomes over time. Learn how this approach provides more precise envelope predictions than existing literature, particularly in understanding the relationship between a firm's costate variable and the shadow value of initial capital stock. Through this presentation from Zhejiang University of Finance and Economics, gain insights into the mathematical modeling of dynamic oligopolistic competition and capital accumulation strategies.
Comparative Dynamics in a Dynamic Oligopoly Model of Capital Accumulation
GERAD Research Center via YouTube
Overview
Syllabus
Comparative Dynamics in a Dynamic Oligopoly Model of Capital Accumulation, Chen Ling
Taught by
GERAD Research Center
Related Courses
-
Economically Exhaustible Resources in an Oligopoly-Fringe Model with Renewables
-
Open-Loop Nash Equilibrium in Games with Time-Varying Delays
-
On the Existence of Equilibrium in a Dynamic Supply Chain Game with Vertical Coordination, Horizontal Competition and Cournot Complementary Goods
-
Nash Equilibria in Two-Player Differential Games with Impulse Control - Lecture
-
Network Games with Large Populations: Non-uniqueness and Learning Dynamics
