On Multiobjective Oligopoly |
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| Authors: | Ahmed E Hegazi A S El-Hafez A T Abd |
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| Institution: | (1) Mathematics Dept., Faculty of Sciences, Al-Ain, P.O. Box 17551, United Arab Emirates;(2) Mathematics Dept., Faculty of Sciences, Mansoura, 35516, Egypt |
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| Abstract: | Multiobjective oligopoly models are constructed. The objectives of the first two models are to maximize profits and to maximize sales. In the third model the objectives are to maximize profits and to minimize risk. Giving more weight to risk minimization decreased the profits. In all three models, we found that the weight of profit maximization has to be higher than a given threshold. Again they require that the weight of profit maximization has to be higher than a certain value. |
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| Keywords: | multiobjective oligopoly Smale's game stability chaos |
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