Multiperiod Decision Models with Alternating Choice as a Solution to the Duopoly Problem
The Quarterly Journal of EconomicsPublished 1 August 1970
Richard M. Cyert, Morris H. DeGroot
Citations90
SJR quartileQ1
SJR score35.99
SNIP9.32
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Abstract
Introduction, 410. — Single-period versus multiperiod decision making, 411. — Simultaneous choice in a multiperiod process, 413. — Alternating choice in a multiperiod process, 416. — The method of backward induction, 417.— General quadratic profit functions, 420. — Reduced quadratic profit functions, 422. — Asymptotic results, 425. — The cost of competition and the benefits of trust, 427. — Conclusion, 428.
Keywords
Decision SciencesEconomics, Econometrics and FinanceBusiness, Management and Accounting
Canadian Journal of Economics/Revue canadienne d économiqueDuopoly in Space
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