Matches in SemOpenAlex for { <https://semopenalex.org/work/W4319020281> ?p ?o ?g. }
Showing items 1 to 53 of
53
with 100 items per page.
- W4319020281 abstract "The paper considers a Cournot-type duopoly game, in which linear demand and cost functions are used. The two players produce differentiated goods and offer them at discrete times on a common market. In the cost functions of the players, in addition to the production cost, the cost of transporting the products is also included. Each firm does not care only about its profits but also about the percentage of its opponents’ profits, using a generalized relative profit function. In this model, the players follow different strategies. More specifically, the first player is characterized as a bounded rational player while the second player follows an adaptive mechanism. The existence of the Nash Equilibrium is proved, and its stability conditions are found. The complexity that appears for some values of the game’s parameters is shown. A mechanism by which the chaotic behavior of the discrete dynamical system is presented, importing a new parameter m. The algebraic results are verified, and the apparent complexity is shown by plotting bifurcation diagrams and strange attractors, computing the Lyapunov numbers, and checking the system’s sensitivity on its initial conditions.
 Keywords: Cournot duopoly game, discrete dynamical system, heterogeneous expectations, stability, chaotic behavior, chaos control" @default.
- W4319020281 created "2023-02-03" @default.
- W4319020281 creator A5009780563 @default.
- W4319020281 creator A5083686052 @default.
- W4319020281 date "2023-02-01" @default.
- W4319020281 modified "2023-09-25" @default.
- W4319020281 title "Complexity And Chaos Control of A Cournot Duopoly Game With Relative Profit Maximization And Heterogeneous Expectations" @default.
- W4319020281 doi "https://doi.org/10.18502/kss.v8i1.12646" @default.
- W4319020281 hasPublicationYear "2023" @default.
- W4319020281 type Work @default.
- W4319020281 citedByCount "0" @default.
- W4319020281 crossrefType "journal-article" @default.
- W4319020281 hasAuthorship W4319020281A5009780563 @default.
- W4319020281 hasAuthorship W4319020281A5083686052 @default.
- W4319020281 hasBestOaLocation W43190202811 @default.
- W4319020281 hasConcept C121398111 @default.
- W4319020281 hasConcept C126255220 @default.
- W4319020281 hasConcept C142470991 @default.
- W4319020281 hasConcept C144237770 @default.
- W4319020281 hasConcept C162324750 @default.
- W4319020281 hasConcept C16520705 @default.
- W4319020281 hasConcept C180456769 @default.
- W4319020281 hasConcept C187736073 @default.
- W4319020281 hasConcept C22171661 @default.
- W4319020281 hasConcept C2777052490 @default.
- W4319020281 hasConcept C33923547 @default.
- W4319020281 hasConceptScore W4319020281C121398111 @default.
- W4319020281 hasConceptScore W4319020281C126255220 @default.
- W4319020281 hasConceptScore W4319020281C142470991 @default.
- W4319020281 hasConceptScore W4319020281C144237770 @default.
- W4319020281 hasConceptScore W4319020281C162324750 @default.
- W4319020281 hasConceptScore W4319020281C16520705 @default.
- W4319020281 hasConceptScore W4319020281C180456769 @default.
- W4319020281 hasConceptScore W4319020281C187736073 @default.
- W4319020281 hasConceptScore W4319020281C22171661 @default.
- W4319020281 hasConceptScore W4319020281C2777052490 @default.
- W4319020281 hasConceptScore W4319020281C33923547 @default.
- W4319020281 hasLocation W43190202811 @default.
- W4319020281 hasOpenAccess W4319020281 @default.
- W4319020281 hasPrimaryLocation W43190202811 @default.
- W4319020281 hasRelatedWork W1841433665 @default.
- W4319020281 hasRelatedWork W1968641560 @default.
- W4319020281 hasRelatedWork W2114654659 @default.
- W4319020281 hasRelatedWork W2163114277 @default.
- W4319020281 hasRelatedWork W2356596387 @default.
- W4319020281 hasRelatedWork W2755605385 @default.
- W4319020281 hasRelatedWork W3037505218 @default.
- W4319020281 hasRelatedWork W3149100818 @default.
- W4319020281 hasRelatedWork W3206660200 @default.
- W4319020281 hasRelatedWork W4237714076 @default.
- W4319020281 isParatext "false" @default.
- W4319020281 isRetracted "false" @default.
- W4319020281 workType "article" @default.