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• W2955857593 abstract "This paper introduces a new Cournot duopoly game and gives an applied study for price discrimination in a market by dynamic methods. One of two oligopolies has two different prices for a homogeneous product, while the other charges one kind of price. It is found that there is only one stable equilibrium for the discrete dynamic system, and a corresponding stable condition is given. Using a discriminative price is not always beneficial to a firm in equilibrium. If both oligopolies carry out price discrimination, the market’s average price is lower than when only one oligopoly does it. The results are verified by numerical simulations." @default.
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• W2955857593 date "2019-06-25" @default.
• W2955857593 modified "2023-10-16" @default.
• W2955857593 title "Price Discrimination in Dynamic Cournot Competition" @default.
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• W2955857593 doi "https://doi.org/10.1155/2019/9231582" @default.
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