Complexity of a Duopoly Game in the Electricity Market with Delayed Bounded Rationality

According to a triopoly game model in the electricity market with bounded rational players, a new Cournot duopoly game model with delayed bounded rationality is established. The model is closer to the reality of the electricity market and worth spreading in oligopoly. By using the theory of bifurcat...

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Bibliographic Details
Main Authors: Junhai Ma, Hongliang Tu
Format: Article
Language:English
Published: Wiley 2012-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2012/698270
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