An asymmetric Cournot-Nash equilibrium under uncertainty as a generalized Cournot-Stackelberg-Nash equilibrium

  • Authors:

  • V. M. Gorbachuk

  • Affiliations:

  • Cybernetics Institute, National Academy of Sciences of Ukraine, Kiev, Ukraine

  • Venue:
  • Cybernetics and Systems Analysis
  • Year:
  • 2007

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Abstract

The impact of a random production output on the expected commercial manufacture and price and also on the outputs and profits of companies is investigated. It is proved that the asymmetry of interactions between decision makers, in particular, the asymmetry of uncertainty can lead to the advantage of a leader and to generalized Cournot-Stackelberg-Nash equilibriums.