Hopf Bifurcation Analysis in a Modified R&D Model with Delay
We consider a duopoly game model of R&D (research and development) rivalry between two high-tech firms with time delay, in which a monopoly sector with R&D spillover is studied using a mixture of game theory and nonlinear dynamics theory. The local asymptotic stability of the equilibrium poi...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2022-03-01
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| Series: | Axioms |
| Subjects: | |
| Online Access: | https://www.mdpi.com/2075-1680/11/4/148 |