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Global Bifurcations in Duopoly when the Cournot Point is Destabilized through a Subcritical Neimark Bifurcation
Catholic University of Milano, Italy.
University of Urbino, Italy.
Umeå University, Faculty of Social Sciences, Centre for Regional Science (CERUM).
2003 (English)Report (Other academic)
Abstract [en]

An adaptive oligopoly model, where the demand function is isoelastic and the competitors operate under constant marginal costs, is considered. The Cournot equilibrium point then loses stability through a subcritical Neimark bifurcation. The present paper focuses some global bifurcations, which precede the Neimark bifurcation, and produce other attractors which coexist with the still attractive Cournot fixed point.

Place, publisher, year, edition, pages
2003. , 25 p.
Series
CERUM Working Paper, ISSN 1404-5362 ; 66
National Category
Economics
Research subject
Economics
Identifiers
URN: urn:nbn:se:umu:diva-24674OAI: oai:DiVA.org:umu-24674DiVA: diva2:227105
Distributor:
Centrum för regionalvetenskap (CERUM), 90187, Umeå
Note
Published in International Game Theory Review ISSN 0219-1989 2006 vol 8 no 1 pp 1-20. World Scientific Publishing. Changes may have been made to this work since it was submitted for publication.Available from: 2009-07-13 Created: 2009-07-09 Last updated: 2009-11-05

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CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf