Calmness of a Perturbed Cournot Oligopoly Game with Nonsmooth Cost Functions

Abstract

This article deals with the calmness of a solution map for a Cournot Oligopoly Game with non-smooth cost functions. The fact that the cost functions are not supposed to be differentiable allows to consider cases where some firms have different units of production, with different marginal costs. In order to obtain results concerning calmness, we use a new technique based on an outer coderivative and on a mathematical induction on the number of players. It is concluded that the methodology used for the proofs can be replicated, in order to study the metric subregularity and calmness of multifunctions in a more general way.

Más información

Título según WOS: Calmness of a Perturbed Cournot Oligopoly Game with Nonsmooth Cost Functions
Título de la Revista: SET-VALUED AND VARIATIONAL ANALYSIS
Volumen: 30
Número: 1
Editorial: Springer
Fecha de publicación: 2022
Página de inicio: 119
Página final: 142
DOI:

10.1007/s11228-021-00577-1

Notas: ISI