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If an aggregative game satisfies the generalized Hahn conditions, then there exists a unique Nash equilibrium which may not be interior and is globally asymptotically stable under two alternative continuous adjustment processes with non-negativity constraints.
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A sufficient condition is derived for the global stability of a unique interior Nash equilibrium in an aggregative game. The condition is applied to investigate the global stability of the Nash-Cournot equilibrium in Cournot oligopoly without product differentiation and that of the Nash...
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