ABSTRACT
Multiobjective oligopoly models are constructed. The objectives of the first two models are to maximize profits and to maximize sales. In the third model the objectives are to maximize profits and to minimize risk. Giving more weight to risk minimization decreased the profits. In all three models, we found that the weight of profit maximization has to be higher than a given threshold. Again they require that the weight of profit maximization has to be higher than a certain value.
ABSTRACT
A dynamic oligopoly model is given. Its steady state and stability and the bounds of its basin of attraction are studied. Delay (memory) is then introduced. Oligopoly is then reformulated using Smale's game which is more realistic than ordinary games since it takes memory into consideration. Persistence is studied for some oligopoly models.
