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  • 标题:Analysis of Triopoly Game with Isoelastic Demand Function and Heterogeneous Players
  • 本地全文:下载
  • 作者:Hong-Xing Yao ; Lian Shi ; Hao Xi
  • 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:2012
  • 卷号:2012
  • DOI:10.1155/2012/280824
  • 出版社:Hindawi Publishing Corporation
  • 摘要:We analyze a triopoly game model with fully heterogeneous players when the demand function is isoelastic. The three players were considered to be bounded rational, adaptive, and naïve. Existing equilibrium points and their locally asymptotic stability conditions are studied. Complexity of the dynamical system is examined by means of numerical simulations, such as period cycles, bifurcation diagrams, strange attractors and sensitive, dependence on initial conditions. This paper extends the result of Tramontana (2010) who considered a heterogeneous duopoly with isoelastic demand function. Comparisons with respect to the heterogeneous triopoly model of Elabbasy et al. (2009) assuming linear demand function are performed.
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