Game Complete Analysis of Classic Economic Duopolies : Introduction of Daniele Schilirò

In this insightful and original book, Game Complete Analysis of Classic Economic Duopolies, David Carf and Emanuele Perrone propose a game complete analysis of Cournot and Bertrand (symmetric and asymmetric) duopolies. Looking in more detail at the outline of the volume, Chapter 1 is an introductory chapter to the Complete Analysis of Differentiable Games, applied in the other four chapters. In Chapter 2 and 4, Carf and Perrone deal with symmetric Cournot and Bertrand duopolies. The authors apply the Complete Analysis of Differentiable Games to the classic symmetric duopolies, an economic situation in which there are two firms producing the same commodity and selling it in the same market. In Chapter 3 and 5 the authors, again, apply the Complete Analysis of Differentiable Games and also some new algorithms, employing the software wxMaxima 11.04.0, in order to reach a total knowledge of the two classic duopolies, viewed as complex interactions between two competitive subjects, in two exemplar asymmetric cases. In conclusion, readers will find an interesting, original, sophisticated and surprising volume to read, about an evergreen and classic economic subject.