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
Distribution Statement : APPROVED FOR PUBLIC RELEASE