Article ID Journal Published Year Pages File Type
4641070 Journal of Computational and Applied Mathematics 2009 5 Pages PDF
Abstract
We introduced the so-called Cournot-like models, i.e. n-dimensional discrete dynamical systems which constitute the mathematical environment for modeling some economic and biological processes. The main aim of this work is to present a characterization of the dynamical simplicity for these types of systems through the property “to have zero topological entropy”. Cournot-like systems generalize the well-known economic situation of competition in a duopolistic market introduces by Cournot in 1838.
Related Topics
Physical Sciences and Engineering Mathematics Applied Mathematics
Authors
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