with bounded rationality. Chaos, Solitons and Fractals 39, 2048–2055), by introducing sound microeconomic foundations. We … study how an increase in the relative degree of product differentiation affects the stability of the unique positive … on initial conditions and Lyapunov exponents), we find that a “quasi-periodic” route to chaos and a large gamma of …

periodicity and deterministic chaos can also occur as the managers’ bonus increases. …

with bounded rationality. Chaos, Solitons and Fractals 39, 2048–2055), by introducing sound microeconomic foundations. We … study how an increase in the relative degree of product differentiation affects the stability of the unique positive … on initial conditions and Lyapunov exponents), we find that a “quasi-periodic” route to chaos and a large gamma of …

technology is more complicated, although in most cases higher costs imply a higher likelihood of stability loss, in some cases … a decrease or an increase of such costs may lead to a stability loss. The policy implications of these results suggest … caution in the use of environmental policies from a market stability point of view. …

the market stability is lost through a flip bifurcation and subsequently a cascade of flip bifurcations may lead to … periodic cycles and chaos. Therefore, although on the one side the capital regulation is harmful for the equilibrium loans …’ volume and profit, on the other side it is effective in keeping or restoring the stability of the Cournot-Nash equilibrium in …

equilibria for any degree of discretization, which necessitates a stability analysis of equilibria. We present a general … framework for characterizations of equilibria and their stability under a broad class of evolutionary dynamics by using the …