Stability and Multistability of a Bounded Rational Mixed Duopoly Model with Homogeneous Product
In this paper, a mixed duopoly dynamic model with bounded rationality is built, where a public-private joint venture and a private enterprise produce homogeneous products and compete in the same market. The purpose of this research is to study the stability and the multistability of the established...
Main Authors: | Wei Zhou, Na Zhao, Tong Chu, Ying-Xiang Chang |
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Format: | Article |
Language: | English |
Published: |
Hindawi-Wiley
2020-01-01
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Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2020/4580415 |
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