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• W2792654902 abstract "This paper is devoted to introduce and study a Stackelberg game consisting of three competed firms. The three firms are classified as a leader which is the first firm and the other two firms are called the followers. A linear inverse demand function is used. In addition a quadratic cost based on an actual and announced quantities is adopted. Based on bounded rationality, a three-dimensional discrete dynamical system is constructed. For the system, the backward induction is used to solve the system and to get Nash equilibrium. The obtained results are shown that Nash equilibrium is unique and its stability is affected by the system’s parameters by which the system behaves chaotically due to bifurcation and chaos appeared. Some numerical experiments are performed to portrays such chaotic behavior. A control scheme is used to return the system back to its stability state and is supported by some simulations." @default.
• W2792654902 created "2018-03-29" @default.
• W2792654902 creator A5088545047 @default.
• W2792654902 date "2018-07-01" @default.
• W2792654902 modified "2023-10-02" @default.
• W2792654902 title "Tripoly Stackelberg game model: One leader versus two followers" @default.
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• W2792654902 doi "https://doi.org/10.1016/j.amc.2018.01.041" @default.
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