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• W2028331723 abstract "This paper aims at studying local and global dynamics in a nonlinear duopoly with quantity-setting firms and non-cooperative advertising investments that affect the degree of (horizontally) differentiated products. It concentrates on persuasive advertising in a model where each firm has limited information and uses a behavioural rule to set the quantity for the subsequent period. By using some mathematical techniques and numerical simulations, our results show the existence of weak (à la Milnor) attractors, multistability and chaotic dynamics. In the long term, firms may continuously shift from states in which they invest in advertising to states in which advertising investment is absent." @default.
• W2028331723 created "2016-06-24" @default.
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• W2028331723 date "2015-10-01" @default.
• W2028331723 modified "2023-09-26" @default.
• W2028331723 title "A nonlinear Cournot duopoly with advertising" @default.
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• W2028331723 doi "https://doi.org/10.1016/j.chaos.2015.01.022" @default.
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