Nonlinear Dynamics, Psychology, and Life Sciences, Vol. 7, Iss. 2, Apr, 2003, pp. 205-219 @2003 Society for Chaos Theory in Psychology & Life Sciences On Multi-objective Oligopoly 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. Keywords: multiobjective oligopoly, Smale’s game, stability, chaos |