Dynamical Control in Oligopolies

Authors:	Molnar Sandor, Systemexpert Ltd., Hungary Szidarovszki Ferenc, University of Arizona, Tucson, USA, United States Molnar Mark, Budapest University of Economic Sciences, Hungary
Topic:	9.1 Economic & Business Systems
Session:	Economic and Business Systems
Keywords:	dynamic oligopolies, price control, Cournot-model

Abstract

This paper examines the controllability of dynamic oligopoly models. Both discrete and continuous timescales are considered, and sufficient and necessary conditions are derived for the complete controllability of the outputs of the fims.