کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
6420182 | 1631785 | 2015 | 15 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Delay dynamics of a Cournot game with heterogeneous duopolies
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کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه
ریاضیات
ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Delay dynamics of a Cournot game with heterogeneous duopolies Delay dynamics of a Cournot game with heterogeneous duopolies](/preview/png/6420182.png)
چکیده انگلیسی
We construct a Cournot duopoly model in a continuous-time framework and consider its dynamic behavior when the firms are heterogeneous in determining their output decision: one firm has an information delay in the competitor's output as well as an implementation delay in its own output while the other firm does not have any delays. Two main results are obtained. One is that the information delay does not affect dynamics of the commodities and the other is that the implementation delay can destabilize the otherwise stable equilibrium. Furthermore, it is numerically confirmed that the two delay duopoly model can generate a wide spectrum of dynamics ranging from cyclic dynamics to chaos.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Applied Mathematics and Computation - Volume 269, 15 October 2015, Pages 699-713
Journal: Applied Mathematics and Computation - Volume 269, 15 October 2015, Pages 699-713
نویسندگان
Akio Matsumoto, Ferenc Szidarovszky,