DOI: 10.3390/g16010009 ISSN: 2073-4336

Differential Games of Cournot Oligopoly with Consideration of Pollution, Network Structure, and Continuous Updating

Guennady Ougolnitsky, Alexey Korolev

We have built and investigated analytically and numerically a differential game model of Cournot oligopoly with consideration of pollution, network structure, and continuous updating. Up to this time, games with network structure and continuous updating were considered separately. We analyzed time consistency for a cooperative solution of the game. For a specific example, we built a non-empty subgame perfect subcore. We considered stochastic versions of the proposed model and received results similar to the deterministic case.

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