Dynamic Analysis of a Simple Cournot Duopoly Model Based on a Computed Cost
The paper is organized to study some mathematical properties and dynamics of a simple Cournot duopoly game based on a computed quadratic cost. The time evolution of this game is described by a two-dimensional noninvertible discrete time map using the bounded rationality mechanism. For this map, some...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Hindawi Limited
2024-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2024/9912671 |