Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/159385 
Year of Publication: 
2005
Series/Report no.: 
Quaderni - Working Paper DSE No. 544
Publisher: 
Alma Mater Studiorum - Università di Bologna, Dipartimento di Scienze Economiche (DSE), Bologna
Abstract: 
We illustrate two differential oligopoly games with capital accumulation where, alternatively, the accumulation dynamics of productive capacity is modelled either `a la Solow—Swan or `a la Ramsey. We show that in the first case the open-loop Nash equilibrium is only weakly time consistent, while in the second it is strongly so, although the Ramsey game is not state linear.
Persistent Identifier of the first edition: 
Creative Commons License: 
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Document Type: 
Working Paper

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