On periodic and chaotic behavior in a two-dimensional monopoly model

DOI10.1016/j.chaos.2014.10.010zbMath1351.91018OpenAlexW2017822884MaRDI QIDQ728153

Niels Neirynck, Bashir Al-Hdaibat, Willy Govaerts

Publication date: 19 December 2016

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

Full work available at URL: https://doi.org/10.1016/j.chaos.2014.10.010

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Periodic orbits of vector fields and flows (37C27) Simulation of dynamical systems (37M05) Dynamical systems in optimization and economics (37N40) Economic dynamics (91B55)

Related Items (5)

Unnamed Item ⋮ Different Modelling Approaches for Time Lags in a Monopoly ⋮ A multiscale time model with piecewise constant argument for a boundedly rational monopolist ⋮ Effect of price elasticity of demand in monopolies with gradient adjustment ⋮ Nonlinear dynamics and adjunct profits in two boundedly rational models of monopoly

Cites Work

• Regularity and complexity in dynamical systems
• Stable cycles in a Cournot duopoly model of Kopel
• On Puu's incomplete information formulation for the standard and multi-team Bertrand game
• Discrete and continuous dynamics in nonlinear monopolies
• The chaotic monopolist
• Complex dynamics in a monopoly with a rule of thumb
• Nonlinear dynamical systems in economics. Lectures held at CISM, Udine, Italy
• Numerical Methods for Two-Parameter Local Bifurcation Analysis of Maps
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