Heterogeneity and the (de)stabilizing role of rationality

DOI10.1016/j.chaos.2015.05.017zbMath1354.91087OpenAlexW2171219461MaRDI QIDQ506837

Fausto Cavalli, Marina Pireddu, Ahmad K. Naimzada

Publication date: 2 February 2017

Published in: Chaos, Solitons and Fractals (Search for Journal in Brave)

Full work available at URL: http://hdl.handle.net/10281/89322

zbMATH Keywords

oligopolyheterogeneous firmsisoelastic demand functionlocal stability of Nash equilibrium

Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Special types of economic markets (including Cournot, Bertrand) (91B54) Stability theory for smooth dynamical systems (37C75) Economic dynamics (91B55) Heterogeneous agent models (91B69)

Related Items (10)

Imitative and best response behaviors in a nonlinear Cournotian setting ⋮ Complex dynamics and multistability with increasing rationality in market games ⋮ A topological proof of chaos for two nonlinear heterogeneous triopoly game models ⋮ Monopoly models with time-varying demand function ⋮ Complexity evolution of capital and technology transfer in climate negotiation ⋮ Oligopoly models with different learning and production time scales ⋮ Effects of size, composition, and evolutionary pressure in heterogeneous Cournot oligopolies with best response decisional mechanisms ⋮ A note on symmetry breaking in a non linear marketing model ⋮ Fashion cycle dynamics induced by agents' heterogeneity for generic bell-shaped attractiveness functions ⋮ Bifurcation Analysis of a Bounded Rational Duopoly Game with Consumer Surplus

Cites Work

• Unnamed Item
• Unnamed Item
• A Cournot duopoly game with heterogeneous players: nonlinear dynamics of the gradient rule versus local monopolistic approach
• Nonlinear dynamics and convergence speed of heterogeneous Cournot duopolies involving best response mechanisms with different degrees of rationality
• Real and financial interacting markets: a behavioral macro-model
• Stability, bifurcation, and chaos in \(N\)-firm nonlinear Cournot games
• Controlling chaos through local knowledge
• Nonlinear dynamics and global analysis of a heterogeneous Cournot duopoly with a local monopolistic approach versus a gradient rule with endogenous reactivity
• Analysis of nonlinear triopoly game with heterogeneous players
• Chaos in duopoly pricing
• Experimentation, imitation, and stochastic stability
• Chaotic dynamics in nonlinear duopoly game with heterogeneous players.
• Neutrally stable outcomes in cheap-talk coordination games
• Symmetry-breaking bifurcations and representative firm in dynamic duopoly games
• Nonlinear dynamics in the Cournot duopoly game with heterogeneous players
• Endogenous fluctuations under evolutionary pressure in Cournot competition
• On a rent-seeking game described by a non-invertible iterated map with denominator.
• Learning cycles in Bertrand competition with differentiated commodities and competing learning rules
• Bifurcation analysis of a dynamic duopoly model with heterogeneous costs and behavioural rules
• Complex dynamics and chaos control of heterogeneous quadropoly game
• Dynamics in a nonlinear Keynesian good market model
• STATISTICAL DYNAMICS IN PIECEWISE LINEAR COURNOT GAME WITH HETEROGENEOUS DUOPOLISTS
• Complex dynamics and synchronization of a duopoly game with bounded rationality

This page was built for publication: Heterogeneity and the (de)stabilizing role of rationality