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• W3112298867 abstract "We consider a variant of Cournot competition, where multiple firms allocate the same amount of resource across multiple markets. We prove that the game has a unique pure-strategy Nash equilibrium (NE), which is symmetric and is characterized by the maximal point of a potential function. The NE is globally asymptotically stable under the gradient adjustment process, and is not socially optimal in general. An application is in transportation, where drivers allocate time over a street network." @default.
• W3112298867 created "2020-12-21" @default.
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• W3112298867 creator A5090054434 @default.
• W3112298867 date "2020-12-12" @default.
• W3112298867 modified "2023-09-27" @default.
• W3112298867 title "Multi-market Oligopoly of Equal Capacity" @default.
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• W3112298867 hasPublicationYear "2020" @default.
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