Triumph over Your Rivals in Dynamic Oligopoly
Challenging the conventional belief that sophistication in strategy is always better, it was found in W. Huang (2002a) that a price-taker who adopts the Cobweb strategy yields higher profits than those who adopt more sophisticated strategies. This study explores the possibility of improving further...
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| Format: | Article |
| Language: | English |
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Hindawi Limited
2008-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2008/905143 |