Naimzada, Ahmad; Tramontana, Fabio - Facoltà di Economia, Università degli Studi di Urbino - 2008
We propose an duopoly game where quantity-setting firms have incomplete information about the demand function. In each … time step, they solve a profit maximization problem assuming a linear local approximation of the demand function. In … particular, we construct an example using the well known duopoly Puu's model with isoelastic demand function and constant …