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.
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Human memory
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© 2013 AIP Publishing LLC.
2013
AIP Publishing LLC
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