Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/159891
Authors: 
Lambertini, Luca
Mantovani, Andrea
Year of Publication: 
2016
Series/Report no.: 
Quaderni - Working Paper DSE 1053
Abstract: 
We revisit Fujiwaraís (2008) differential duopoly game to show that the degenerate nonlinear feedback identified by the tangency point with the stationary state line is indeed unstable, given the dynamics of the natural resource exploited by firms. To do so, we fully characterise the continuum of nonlinear feedback solution via Rowat's (2007)method, characterising the infinitely many stable nonlinear feedback equilibria.
JEL: 
C73
L13
Q2
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Working Paper

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