Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1892599 | Chaos, Solitons & Fractals | 2015 | 9 Pages |
Abstract
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.
Related Topics
Physical Sciences and Engineering
Physics and Astronomy
Statistical and Nonlinear Physics
Authors
Akio Matsumoto, Ferenc Szidarovszky,