On Complex Dynamics of Differentiated Products: Cournot Duopoly Model under Average Profit Maximization
In this paper, some important dynamic characteristics such as multistability and synchronization phenomena are investigated for a game of an economic Cournot duopoly whose time evolution is received by the iteration of a noninvertible map in the plane. In the asymmetric case, the equilibrium points...
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Main Author: | S.S. Askar |
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Format: | Article |
Language: | English |
Published: |
Wiley
2022-01-01
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Series: | Discrete Dynamics in Nature and Society |
Online Access: | http://dx.doi.org/10.1155/2022/8677470 |
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