For the energy economic system, a dynamics with bounded rationality is built to describe a decision-making problem that decision-makers select high-carbon energy input and low-carbon energy investment to maximize the weighted utility of consumption and environmental quality in two adjacent...

In this work, a dynamic system of investment game played by two firms with bounded rationality is proposed. It is assumed that each firm in any period makes a strategy for investment and uses local knowledge to make investment strategy according to the marginal profit observed in the previous...

In this paper, we consider a case that a game is played repeatedly in an incomplete learning process where each player updates his belief only in the learning periods rather than all the stages. For fictitious play process with incomplete learning, we discuss the absorbability of Nash...