منابع مشابه
Analytic Solutions of Nonlinear Cournot Duopoly Game
The main aim of this study is to construct an explicit form of an analytic solution of a multidimensional difference equation. To this end, we present a nonlinear Cournot duopoly model with unimodal reaction functions, show that its dynamical system is double logistic when the production externalities involved get stronger, and then give a constructive proof of the existence of an analytic solu...
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We analyze a nonlinear discrete-time Cournot duopoly game, where players have heterogeneous expectations. Two types of players are considered: boundedly rational and naive expectations. In this study we show that the dynamics of the duopoly game with players whose beliefs are heterogeneous, may become complicated. The model gives more complex chaotic and unpredictable trajectories as a conseque...
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This paper explores the idea of cournot duopoly with homogenous expectations in a context of bounded rationality, where two semipublic firms endeavor to maximize the weighted average of social welfare and their own profit. The stability analysis of the fixed points are analyzed and complex dynamic features including period doubling bifurcations of the unique Nash equilibrium is also investigate...
متن کاملDynamic properties of a Cournot–Bertrand duopoly game with differentiated products
Article history: Accepted 19 February 2012 JEL classification: C72 D01 D43 L13
متن کاملA dynamic Cournot duopoly model with different strategies
ess as: A ciety (20 and host s.2014.0 Abstract This paper analyzes the dynamics of a Cournot duopoly model with different strategies. We offer results on existence, stability and local bifurcations of the equilibrium points. The bifurcation diagrams and Lyapunov exponents of the model are presented to show that the model behaves chaotically with the variation in the parameters. The state variab...
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ژورنال
عنوان ژورنال: Journal of Complex Systems
سال: 2014
ISSN: 2356-7244,2314-6540
DOI: 10.1155/2014/384843