Equilibrium Further Studied for Combined System of Cournot and Bertrand: A Differential Approach

In general, quantity competition and price competition exist simultaneously in a dynamic economy system. Whether it is quantity competition or price competition, when there are more than three companies in one market, the equilibrium points will become chaotic and are very difficult to be derived. T...

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Bibliographic Details
Main Authors: Bingyuan Gao, Yueping Du
Format: Article
Language:English
Published: Wiley 2020-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2020/3160658
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