Dynamic elastic Cournot-Nash principle with memory term
Annamaria Barbagallo · AIP conference proceedings · 2013
In the paper we consider the dynamic elastic oligopolistic market equilibrium problem in presence of production excesses and show the equivalence between the generalized Cournot-Nash principle and a quasi-variational inequality. Moreover, we present existence and regularity results for equilibrium solutions. Finally, we introduce a long term memory in order to take into account the delay effects in the noncooperative market.