Dynamics of a Cournot duopoly game with bounded rationality based on relative profit maximization

DOI10.1016/j.amc.2016.09.018zbMath1411.91384OpenAlexW2524056771MaRDI QIDQ1734319

A. A. Elsadany

Publication date: 27 March 2019

Published in: Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.amc.2016.09.018

zbMATH Keywords

chaosbifurcationCournot gameNash equilibrium pointboundedly rational playersrelative profit maximization

Mathematics Subject Classification ID

Special types of economic markets (including Cournot, Bertrand) (91B54) Economic dynamics (91B55)

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