Stability, Multistability, and Complexity Analysis in a Dynamic Duopoly Game with Exponential Demand Function

In this paper, a discrete-time dynamic duopoly model, with nonlinear demand and cost functions, is established. The properties of existence and local stability of equilibrium points have been verified and analyzed. The stability conditions are also given with the help of the Jury criterion. With cha...

Full description

Bibliographic Details
Main Authors: Hui Li, Wei Zhou, Tong Chu
Format: Article
Language:English
Published: Hindawi-Wiley 2021-01-01
Series:Complexity
Online Access:http://dx.doi.org/10.1155/2021/9978320