Volume 66 | Issue 4 | Year 2020 | Article Id. IJMTT-V66I4P524 | DOI : https://doi.org/10.14445/22315373/IJMTT-V66I4P524
We reconsider the Cournot oligopoly problem in the light of the theory of Interval Matrix Games. Interval matrix games generelized matrix games have already been studied in recent years by various researchers (Collins and Hu, 2005:2008; Nayak and Pal, 2006). And there are also studies with regard to Cournot model of duopoly (Amir, 1993; Cunningham and et.al., 2002; Elsadany, 2016;). These games make possible matematically for taking a decision in uncertainties environment. In this paper, we discuss the Cournot Model of Duopoly on a competitive market modelled by means of interval matrix games. Several illustrative examples are provided.
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G.Selin Savaşkan, Aykut Or, "The Cournot Model of Duopoly and Interval Matrix Games," International Journal of Mathematics Trends and Technology (IJMTT), vol. 66, no. 4, pp. 211-216, 2020. Crossref, https://doi.org/10.14445/22315373/IJMTT-V66I4P524