Market Share Delegation in a Bertrand Duopoly: Synchronisation and Multistability

This paper tackles the issue of local and global analyses of a duopoly game with price competition and market share delegation. The dynamics of the economy is characterised by a differentiable two-dimensional discrete time system. The paper stresses the importance of complementarity between products...

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Bibliographic Details
Main Authors: Luciano Fanti, Luca Gori, Cristiana Mammana, Elisabetta Michetti
Format: Article
Language:English
Published: Wiley 2015-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2015/394810
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