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...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Hindawi-Wiley
2021-01-01
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Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2021/9978320 |