Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1896811 | Chaos, Solitons & Fractals | 2006 | 16 Pages |
Abstract
Dynamic oligopolies are examined with single-product firms and saturated market. Both linear and isoelastic price functions are considered. The local asymptotical stability of the equilibrium is analyzed first, and then computer simulation is used to illustrate the attraction basins in nonlinear models.
Related Topics
Physical Sciences and Engineering
Physics and Astronomy
Statistical and Nonlinear Physics
Authors
Ferenc Szidarovszky, Zhaoxia Hu, Jijun Zhao,