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- W2774014797 abstract "We analyze a simple model based on the cobweb demand–supply framework with costly innovators and free imitators and study the endogenous dynamics of price and firms’ fractions in a homogeneous good market. The evolutionary selection between technologies depends on a performance measure in which a memory parameter is introduced. The resulting dynamics is then described by a two-dimensional map. In addition to the locally stabilizing effect due to the presence of memory, we show the existence of a double stability threshold which entails for different dynamic scenarios occurring when the memory parameter takes extreme values (i.e. when consideration of the last profit realization prevails or it is too much neglected). The eventuality of different coexisting attractors as well as the structure of the basins of attraction that characterizes the path dependence property of the model with memory is shown. In particular, through global analysis we also illustrate particular bifurcations sequences that may increase the complexity of the related basins of attraction." @default.
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- W2774014797 date "2017-12-01" @default.
- W2774014797 modified "2023-09-27" @default.
- W2774014797 title "Prevalence of KIR haplotypes and association with mortality in a cohort of critical care patients" @default.
- W2774014797 doi "https://doi.org/10.1016/j.jcrc.2017.09.081" @default.
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