Showing 1 - 10 of 35
through a period-doubling bifurcation. Moreover, by using numerical simulations (i.e., phase portraits, sensitive dependence …
Persistent link: https://www.econbiz.de/10009294609
We analyse the dynamics of a Cournot duopoly game with heterogeneous players to investigate the effects of micro-founded differentiated products demand. The present analysis, which modifies and extends Zhang et al. (2007) (Zhang, J., Da, Q., Wang, Y., 2007. Analysis of nonlinear duopoly game...
Persistent link: https://www.econbiz.de/10009294922
We analyse the dynamics of a Cournot duopoly game with heterogeneous players to investigate the effects of micro-founded differentiated products demand. The present analysis, which modifies and extends Zhang et al. (2007) Zhang, J., Da, Q., Wang, Y., 2007. Analysis of nonlinear duopoly game with...
Persistent link: https://www.econbiz.de/10009321777
-Nash equilibrium is more likely to be destabilised (through a flip bifurcation) than when firms maximise profits. Moreover, highly …
Persistent link: https://www.econbiz.de/10009323940
through a period-doubling bifurcation. Moreover, by using numerical simulations (i.e., phase portraits, sensitive dependence …
Persistent link: https://www.econbiz.de/10009293635
excitation is studied and solved. The method of multiple scale perturbation technique is applied to obtain the bifurcation …
Persistent link: https://www.econbiz.de/10010870356
lost through a flip bifurcation and subsequently a cascade of flip bifurcations may lead to periodic cycles and chaos; 2 …
Persistent link: https://www.econbiz.de/10010743990
instability conditions of the system's Nash equilibrium. Based on that analysis some dynamic phenomena such as bifurcation and …
Persistent link: https://www.econbiz.de/10010744012
of complex phenomena including bifurcation, chaos and strange attractors can be observed in our models. We also analyzed …
Persistent link: https://www.econbiz.de/10010744025
nature of the bifurcations. The global behaviour is studied by using bifurcation diagrams showing collisions between fixed …
Persistent link: https://www.econbiz.de/10010748786