کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1889048 | 1533655 | 2014 | 18 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Local and global dynamics in a duopoly with price competition and market share delegation
ترجمه فارسی عنوان
دینامیک محلی و جهانی در دوپیتی با رقابت قیمت و هیئت سهم بازار
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موضوعات مرتبط
مهندسی و علوم پایه
فیزیک و نجوم
فیزیک آماری و غیرخطی
چکیده انگلیسی
This paper aims at studying a nonlinear dynamic duopoly model with price competition and horizontal product differentiation augmented with managerial firms, where managers behave according to market share delegation contracts. Ownership and management are then separate and managers are paid through adequate incentives in order to achieve a competitive advantage in the market. In this context, we show that complexity arises, related both to the structure of the attractors of the system and the structure of their basins, as multistability occurs. The study is conducted by combining analytical and numerical techniques, and aims at showing that slight different initial conditions may cause very different long-term outcomes.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Chaos, Solitons & Fractals - Volume 69, December 2014, Pages 253–270
Journal: Chaos, Solitons & Fractals - Volume 69, December 2014, Pages 253–270
نویسندگان
Luciano Fanti, Luca Gori, Cristiana Mammana, Elisabetta Michetti,