Complex Dynamics in Nonlinear Triopoly Market with Different Expectations
A dynamic triopoly game characterized by firms with different expectations is modeled by three-dimensional nonlinear difference equations, where the market has quadratic inverse demand function and the firm possesses cubic total cost function. The local stability of Nash equilibrium is studied. Nume...
| Hlavní autoři: | , |
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| Médium: | Článek |
| Jazyk: | English |
| Vydáno: |
Wiley
2011-01-01
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| Edice: | Discrete Dynamics in Nature and Society |
| On-line přístup: | http://dx.doi.org/10.1155/2011/902014 |