Published October 2015
| Version v1
Journal article
Nonlinear Cournot duopoly with implementation delays
Creators
- 1. Department of Economics, International Center for further Development of Dynamic Economic Research, Chuo University, 742-1, Higashi-Nakano, Hachioji, Tokyo 192-0393 (Japan)
- 2. Department of Applied Mathematics, University of Pécs, Ifjúság, u. 6, H-7624 Pécs (Hungary)
Description
We study the effects of two delays on the local as well as on global stability of nonlinear Cournot duopoly dynamics. The two major findings are an analytical construction of the stability switching curve on which stability is lost and the numerical confirmation of the birth of aperiodic global dynamics when the stationary state is locally unstable. The delays matters and can generate various dynamics ranging from simple to complicated dynamics.
Availability note (English)
Available from http://dx.doi.org/10.1016/j.chaos.2015.05.010Additional details
Identifiers
- DOI
- 10.1016/j.chaos.2015.05.010;
- PII
- S0960-0779(15)00146-0;
Publishing Information
- Journal Title
- Chaos, Solitons and Fractals
- Journal Volume
- 79
- Journal Page Range
- p. 157-165
- ISSN
- 0960-0779
Conference
- Title
- MDEF (Modelli Dinamici in Economia e Finanza - Dynamic Models in Economics and Finance) workshop
- Dates
- 18-20 Sep 2014
- Place
- Urbino (Italy)
INIS
- Country of Publication
- United Kingdom
- Country of Input or Organization
- International Atomic Energy Agency (IAEA)
- INIS RN
- 48001750
- Subject category
- S71: CLASSICAL AND QUANTUM MECHANICS, GENERAL PHYSICS;
- Resource subtype / Literary indicator
- Conference
- Descriptors DEI
- DIAGRAMS; DYNAMICS; IMPLEMENTATION; NONLINEAR PROBLEMS; STABILITY; TIME DELAY
- Descriptors DEC
- INFORMATION; MECHANICS
Optional Information
- Copyright
- Copyright (c) 2015 Elsevier Science B.V., Amsterdam, The Netherlands, All rights reserved.