著者

ENGELBERT J. DOCKNER HARUTAKA TAKAHASHI

出版者

JAPANESE ECONOMIC ASSOCIATION

雑誌

The Economic Studies Quarterly (ISSN:0557109X)

巻号頁・発行日

vol.45, no.2, pp.131-140, 1994-06-20 (Released:2008-02-28)

参考文献数

24

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In this paper we deal with dynamic Cournot competition and explore the relationship between the stability properties of an equilibrium path and quasi-competitive behavior of the market. More precisely we show that the stability conditions introduced for the static case ensure global convergence of a unique dynamic equilibrium path towards the steady state and quasi-competitiveness of the entire equilibrium path in the neighborhood of the steady state as well as the stationary state itself.