Complex dynamics and control investigation of a Cournot triopoly game formed based on a log-concave demand function
This article investigates the dynamics of a Cournot triopoly game whose demand function is characterized by log-concavity. The game is formed using the bounded rationality approach. The existence and local stability of steady states of the game are analyzed. We find that an increase in the game para...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
SAGE Publishing
2017-07-01
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| Series: | Advances in Mechanical Engineering |
| Online Access: | https://doi.org/10.1177/1687814017702810 |