Stability, Multistability, and Complexity Analysis in a Dynamic Duopoly Game with Exponential Demand Function
In this paper, a discrete-time dynamic duopoly model, with nonlinear demand and cost functions, is established. The properties of existence and local stability of equilibrium points have been verified and analyzed. The stability conditions are also given with the help of the Jury criterion. With cha...
Saved in:
Main Authors: | Hui Li, Wei Zhou, Tong Chu |
---|---|
Format: | Article |
Language: | English |
Published: |
Wiley
2021-01-01
|
Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2021/9978320 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Similar Items
-
Lyapunov Stability in the Cournot Duopoly Game
by: Dan Zhu, et al.
Published: (2023-01-01) -
Market Share Delegation in a Bertrand Duopoly: Synchronisation and Multistability
by: Luciano Fanti, et al.
Published: (2015-01-01) -
Analysis of Nonlinear Duopoly Games with Product Differentiation: Stability, Global Dynamics, and Control
by: S. S. Askar, et al.
Published: (2017-01-01) -
On the Dynamics of Cournot Duopoly Game with Governmental Taxes
by: S. S. Askar
Published: (2022-01-01) -
A Bertrand Duopoly Game with Long-Memory Effects
by: Baogui Xin, et al.
Published: (2020-01-01)