Similar Search Results

Dynamic behavior of product and stock markets with a varying degree of interaction

Naimzada, Ahmad; Pireddu, Marina - In: Economic Modelling 41 (2014) C, pp. 191-197

We develop a macroeconomic behavioral model in order to analyze the interactions between product and financial markets. The real subsystem is represented by a simple Keynesian income–expenditure model, while the financial subsystem is represented by an equilibrium stock market with...

Persistent link: https://www.econbiz.de/10010933321

The dynamics of a banking duopoly with capital regulations

Fanti, Luciano - In: Economic Modelling 37 (2014) C, pp. 340-349

lost through a flip bifurcation and subsequently a cascade of flip bifurcations may lead to periodic cycles and chaos; 2 …

Persistent link: https://www.econbiz.de/10010743990

Controls of the complex dynamics of a multi-market Cournot model

Ahmed, E.; Elettreby, M.F. - In: Economic Modelling 37 (2014) C, pp. 251-254

instability conditions of the system's Nash equilibrium. Based on that analysis some dynamic phenomena such as bifurcation and …

Persistent link: https://www.econbiz.de/10010744012

A dynamic duopoly model with bounded rationality based on constant conjectural variation

Yu, Weisheng; Yu, Yu - In: Economic Modelling 37 (2014) C, pp. 103-112

of complex phenomena including bifurcation, chaos and strange attractors can be observed in our models. We also analyzed …

Persistent link: https://www.econbiz.de/10010744025

The dynamics of a differentiated duopoly with quantity competition

Fanti, Luciano; Gori, Luca - In: Economic Modelling 29 (2012) 2, pp. 421-427

We analyse the dynamics of a Cournot duopoly with heterogeneous players to investigate the effects of micro-founded differentiated products demand on stability. The present study, which indeed modifies and extends Zhang et al. (2007) (Zhang, J., Da, Q., Wang, Y., 2007. Analysis of nonlinear...

Persistent link: https://www.econbiz.de/10010577137

The codetermined firm in a Cournot duopoly: A stability analysis

Fanti, Luciano; Gori, Luca - In: Economic Modelling 29 (2012) 4, pp. 1242-1247

This paper aims to study the stability issue in a Cournot duopoly with codetermined firms. We show that when both firms codetermine employment together with decentralised employees' representatives, a rise in wages acts as an economic (de)stabiliser when the wage is fairly (high) low, while...

Persistent link: https://www.econbiz.de/10010573345

Hopf bifurcation in the Clarida, Gali, and Gertler model

Barnett, William A.; Eryilmaz, Unal - In: Economic Modelling 31 (2013) C, pp. 401-404

We explore bifurcation phenomena in the open-economy New Keynesian CGG Model based on Clarida et al. (2001, 2002). We … behaviors and policy responses. Introducing parameters related to the open economy structure affects the values of bifurcation … parameters and changes the location of bifurcation boundaries. As a result, the stratification of the confidence region, as …

Persistent link: https://www.econbiz.de/10010636282

On complex dynamics of monopoly market

Askar, S.S. - In: Economic Modelling 31 (2013) C, pp. 586-589

The equilibrium state of a bounded rational monopolist model is studied in this paper. It is assumed that the entire demand function is considered based on some market experiments to produce a quantity which maximizes profit. The stability of equilibrium state of the model is discussed. In...

Persistent link: https://www.econbiz.de/10010636311

Efficient bargaining versus right to manage: A stability analysis in a Cournot duopoly with trade unions

Fanti, Luciano; Gori, Luca - In: Economic Modelling 30 (2013) C, pp. 205-211

The present study considers a unionised (nonlinear) duopoly with two different labour market institutions, i.e. efficient bargaining (EB) and right to manage (RTM), to analyse product market stability under quantity competition with trade unions. We show that when the preference of unions...

Persistent link: https://www.econbiz.de/10010608250

D-GMDH: A novel inductive modelling approach in the forecasting of the industrial economy

Zhang, Mingzhu; He, Changzheng; Gu, Xin; Liatsis, Panos; … - In: Economic Modelling 30 (2013) C, pp. 514-520

contaminated by noise. …

Persistent link: https://www.econbiz.de/10010608246