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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Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Wiley
2015-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2015/394810 |
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