English, Article edition: GLOBAL BIFURCATIONS IN DUOPOLY WHEN THE COURNOT POINT IS DESTABILIZED VIA A SUBCRITICAL NEIMARK BIFURCATION ANNA AGLIARI; LAURA GARDINI; TONU PUU

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Bookmark: http://trove.nla.gov.au/version/144573
Physical Description
  • article
Language
  • English

Edition details

Title
  • GLOBAL BIFURCATIONS IN DUOPOLY WHEN THE COURNOT POINT IS DESTABILIZED VIA A SUBCRITICAL NEIMARK BIFURCATION
Author
  • ANNA AGLIARI
  • LAURA GARDINI
  • TONU PUU
Physical Description
  • article
Notes
  • An adaptive oligopoly model, where the demand function is isoelastic and the competitors operate under constant marginal costs, is considered. The Cournot equilibrium point then loses stability through a subcritical Neimark bifurcation. The present paper focuses some global bifurcations, which precede the Neimark bifurcation, and produce other attractors which coexist with the still attractive Cournot fixed point.
  • Duopoly model, Subcritical Neimark bifurcation, Border collision bifurcation, Subject Classification: 37N40, Subject Classification: 70K, Subject Classification: 37G99
  • RePEc:wsi:igtrxx:v:08:y:2006:i:01:p:1-20
Language
  • English
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