A multiscale time model with piecewise constant argument for a boundedly rational monopolist

DOI10.1080/10236198.2016.1202940zbMath1390.91135OpenAlexW2471565216MaRDI QIDQ2964224

Fausto Cavalli, Ahmad K. Naimzada

Publication date: 23 February 2017

Published in: Journal of Difference Equations and Applications (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10281/116509

zbMATH Keywords

stabilitybifurcationnonlinear difference equationmultiscalepiecewise continuous differential equationsboundedly rational monopolist

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Rationality and learning in game theory (91A26) Dynamical systems in optimization and economics (37N40) Applications of difference equations (39A60)

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Cites Work

• Nonlinear hybrid continuous/discrete-time models
• Effect of price elasticity of demand in monopolies with gradient adjustment
• On periodic and chaotic behavior in a two-dimensional monopoly model
• Discrete-time delay dynamics of boundedly rational monopoly
• On the stability of best reply and gradient systems with applications to imperfectly competitive models
• Dynamical analysis of a delayed monopoly game with a log-concave demand function
• The chaotic monopolist
• Comparative Statics for Oligopoly
• Unnamed Item

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