ESEIG - MAT - Livros, partes de livro ou capítulos de livro
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Browsing ESEIG - MAT - Livros, partes de livro ou capítulos de livro by Author "Oliveira, Bruno M. P. M."
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- Investing to survive in a duopoly modelPublication . Pinto, Alberto A.; Oliveira, Bruno M. P. M.; Ferreira, Fernanda A.; Ferreira, MiguelWe present deterministic dynamics on the production costs of Cournot competitions, based on perfect Nash equilibria of nonlinear R&D investment strategies to reduce the production costs of the firms at every period of the game. We analyse the effects that the R&D investment strategies can have in the profits of the firms along the time. We show that small changes in the initial production costs or small changes in the parameters that determine the efficiency of the R&D programs or of the firms can produce strong economic effects in the long run of the profits of the firms.
- Stochasticity favoring the effects of the R&D strategies of the firmsPublication . Pinto, Alberto A.; Oliveira, Bruno M. P. M.; Ferreira, Fernanda A.; Ferreira, FlávioWe present stochastic dynamics on the production costs of Cournot competitions, based on perfect Nash equilibria of nonlinear R&D investment strategies to reduce the production costs of the firms at every period of the game. We analyse the effects that the R&D investment strategies can have in the profits of the firms along the time. We observe that, in certain cases, the uncertainty can improve the effects of the R&D strategies in the profits of the firms due to the non-linearity of the profit functions and also of the R&D parameters.