Equilibrium stability of a nonlinear heterogeneous duopoly game with extrapolative foresight

DOI10.1016/j.matcom.2012.04.006zbMath1262.91106OpenAlexW2019966913MaRDI QIDQ1761657

Xing Gao, Shue Mei, Weijun Zhong

Publication date: 15 November 2012

Published in: Mathematics and Computers in Simulation (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.matcom.2012.04.006

zbMATH Keywords

local bifurcationsadaptive adjustmentequilibrium stabilitycournot gameshort-term extrapolative foresight

Mathematics Subject Classification ID

Noncooperative games (91A10) Dynamical systems in optimization and economics (37N40) Dynamic stochastic general equilibrium theory (91B51)

Related Items (6)

The parameter basin and complex of dynamic game with estimation and two-stage consideration ⋮ Equilibrium selection of a homogenous duopoly with extrapolative foresight ⋮ The Influence of Information Acquisition on the Complex Dynamics of Market Competition ⋮ Computation of the stability and complexity about triopoly price game model with delay decision ⋮ Does local monopolistic approximation imply a less stable equilibrium? ⋮ Neimark-Sacker bifurcation and the generate cases of Kopel oligopoly model with different adjustment speed

Cites Work

• Controlling the Cournot-Nash chaos
• Stable cycles in a Cournot duopoly model of Kopel
• Cournot games with linear regression expectations in oligopolistic markets
• On the analysis of stability, bifurcation, chaos and chaos control of Kopel map
• Dynamic fictitious play, dynamic gradient play, and distributed convergence to Nash equilibria
• Basins of attraction in a Cournot duopoly model of Kopel

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