Dynamic Analysis and Chaos Control of Bertrand Triopoly Based on Differentiated Products and Heterogeneous Expectations
Price competition has become a universal commercial phenomenon nowadays. This paper considers a dynamic Bertrand price game model, in which enterprises have heterogeneous expectations. By the stability theory of the dynamic behavior of the Bertrand price game model, the instability of the boundary e...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Hindawi Limited
2020-01-01
|
| Series: | Discrete Dynamics in Nature and Society |
| Online Access: | http://dx.doi.org/10.1155/2020/2012680 |