Movement of equilibrium of Cournot duopoly and the visualization of bifurcations of its adjustment dynamics

This paper deals with the analytical and graphical representation of the bifurcations appearing from the adjustment dynamics of a 2- player Cournot duopoly, proposed by Puu (1997). We establish admissibility conditions on the initial state of the adjustment dynamics and visualize the dynamics in the space of orbits.

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Year of publication:	2004-09-06
Authors:	Sonis, Michael ; Dridi, Chokri
Institutions:	EconWPA
Subject:	Bifurcation surfaces \| Chaos \| Cournot \| Duopoly \| Nonlinear dynamics \| Stability

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Extent:	application/pdf
Series:	Microeconomics.
Type of publication:	Book / Working Paper
Notes:	Type of Document - pdf; pages: 10. Mathematics Subject Classifications (2000). 37G15, 37N40, 65Q05, 91A80 10 pages
Classification:	D1 - Household Behavior and Family Economics ; D2 - Production and Organizations ; D3 - Distribution ; D4 - Market Structure and Pricing
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005135005