Complex Dynamics of a Continuous Bertrand Duopoly Game Model with Two-Stage Delay
نویسندگان
چکیده
منابع مشابه
Complex Dynamics of a Continuous Bertrand Duopoly Game Model with Two-Stage Delay
Abstract: This paper studies a continuous Bertrand duopoly game model with two-stage delay. Our aim is to investigate the influence of delay and weight on the complex dynamic characteristics of the system. We obtain the bifurcation point of the system respect to delay parameter by calculating. In addition, the dynamic properties of the system are simulated by power spectrum, attractor, bifurcat...
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Abstract—A dynamic of Bertrand duopoly game is analyzed, where players use different production methods and choose their prices with bounded rationality. The equilibriums of the corresponding discrete dynamical systems are investigated. The stability conditions of Nash equilibrium under a local adjustment process are studied. The stability conditions of Nash equilibrium under a local adjustment...
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A Cournot-Bertrand mixed duopoly game model with limited information about the market and opponent is considered, where the market has linear demand and two firms have the same fixed marginal cost. The principles of decision-making are bounded rational. One firm chooses output and the other chooses price as decision variable, with the assumption that there is a certain degree of differentiation...
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The Cournot duopoly game modeled by Kopel, with adaptive expectations, is generalized by introducing the self-diffusion and cross-diffusion terms. General properties, such as boundedness and uniqueness, are obtained. Non-linear stability results are reached by the analysis of the stability of a ODE system. & 2013 Elsevier Ltd. All rights reserved.
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Abstract: In this work, the dynamics of a duopoly game with two heterogeneous players and time delay is investigated. It is assumed that one player adopts adaptive adjustment method and another considers time delay for marginal profit. A nonlinear dynamics is built and theoretical and numerical stability analysis is done for it. It is shown that time delay plays an important role in the system ...
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ژورنال
عنوان ژورنال: Entropy
سال: 2016
ISSN: 1099-4300
DOI: 10.3390/e18070266