We study the stability issue in a Cournot duopoly with codetermined firms. We show that when both firms codetermine employment together with decentralised employees’ representatives, a rise in wages acts as an economic de-stabiliser (stabiliser) when the wage is fairly low (high), while under...

We study the environmental and economic effects of public abatement in the presence of multiple stable steady-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a good and a bad one. Assuming that the ecology is...

The present study considers a unionised duopoly with the two most popular labour market institutions, i.e. efficient bargaining (EB) and right to manage (RTM) unions and analyses product market stability under quantity competition. By focusing on the role played by labour market institutions on...

This paper analyses the dynamics of a Cournot duopoly under cross-ownership participation when players have heterogeneous, i.e. bounded rational and naïve, expectations. We find that when the shareholder that owns firm also holds a percentage of firm , the parametric stability region of the...

We study the environmental and economic effects of public abatement in the presence of multiple stable steady-state ecological equilibria. Under shallow-lake dynamics (SLD), the isocline for the stock of pollution features two stable branches, a good and a bad one. Assuming that the ecology is...

We investigate theoretically Marangoni-Bénard instability in an evaporating liquid layer surmounted by its vapor and an inert gas. A Galerkin-Eckhaus method, based on a slaving principle and an iterative algorithm, and a direct finite element method are used to determine the evaporation rate...

We study the transient dynamics of single species reaction diffusion systems whose reaction terms f(u) vary nonlinearly near u ≈ 0, specifically as f(u) ≈ u<Superscript>2</Superscript> and f(u) ≈ u<Superscript>3</Superscript>. We consider three cases, calculate their traveling wave fronts and speeds analytically and solve the equations...</superscript></superscript>

Hydrodynamic and magnetohydrodynamic convective attractors in a plane horizontal layer 0≤z≤1 are investigated numerically. We consider Rayleigh-Bénard convection in Boussinesq approximation assuming stress-free boundary conditions on horizontal boundaries and periodicity with the same...