Dynamics of a delayed duopoly game with bounded rationality

作者: A.A. Elsadany

DOI: 10.1016/J.MCM.2010.06.011

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摘要: A bounded rationality duopoly game with delay is formulated. Its dynamical evolution analyzed. The existence of an economic equilibrium the derived. local stability analysis has been carried out. showed that firms using delayed have a higher chance reaching Nash point. Numerical simulations were used to show bifurcation diagrams and phase portraits.

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