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  • 标题:Nonlinear Dynamics of Cournot Duopoly Game: When One Firm Considers Social Welfare
  • 本地全文:下载
  • 作者:S. S. Askar ; A. A. Elsadany
  • 期刊名称:Discrete Dynamics in Nature and Society
  • 印刷版ISSN:1026-0226
  • 电子版ISSN:1607-887X
  • 出版年度:2021
  • 卷号:2021
  • 页码:1-11
  • DOI:10.1155/2021/6697341
  • 出版社:Hindawi Publishing Corporation
  • 摘要:In this paper, we study the competition between two firms whose outputs are quantities. The first firm considers maximization of its profit while the second firm considers maximization of its social welfare. Adopting a gradient-based mechanism, we introduce a nonlinear discrete dynamic map which is used to describe the dynamics of this game. For this map, the fixed points are calculated and their stability conditions are analyzed. This includes investigating some attracting set and chaotic behaviors for the complex dynamics of the map. We have also investigated the types of the preimages that characterize the phase plane of the map and conclude that the game’s map is noninvertible of type Z 4 − Z 2 .
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