The American Economist, Vol. 52, No. 2 (Fall 2008), pp. 72-76 (5 pages) This paper examines whether an escalated tariff structure will maximize national welfare by using a simple Cournot duopoly model ...

Game theory has long served as a cornerstone in understanding competitive strategies in markets where few firms operate. In particular, duopoly and oligopoly frameworks illustrate how firms’ strategic ...

A cost-reducing innovation is available to Cournot duopolists through licensing. The firms are ex ante heterogeneous and adoption of the innovation impacts them differently. Is it possible for the ...

Quantum game theory represents an emerging interdisciplinary field that extends the classical paradigms of game theory into the quantum domain. By utilising principles of quantum mechanics—such as ...