Accession Number : AD0709996

Title :   A GAME IN ECONOMICS.

Descriptive Note : Summary rept.,

Corporate Author : PRINCETON UNIV N J ECONOMETRIC RESEARCH PROGRAM

Personal Author(s) : Case,James H.

Report Date : FEB 1970

Pagination or Media Count : 41

Abstract : The problem of profit maximization for two firms manufacturing the same commodity is cast as a differential game. The qualitative aspects of the equilibrium point solution of the game are then discussed with the aid of some results on ordinary differential equations.

Descriptors :   (*ECONOMICS, GAME THEORY), MATHEMATICAL MODELS, OPTIMIZATION, COSTS, STOCHASTIC PROCESSES, COAL

Subject Categories : Economics and Cost Analysis
      Operations Research

Distribution Statement : APPROVED FOR PUBLIC RELEASE