Nonlinear dynamics in a heterogeneous du
β
Tomasz Dubiel-Teleszynski
π
Article
π
2011
π
Elsevier Science
π
English
β 934 KB
A repeated, discrete time, heterogeneous Cournot duopoly game with bounded rational and adaptive players adjusting the quantities of production is subject of investigation. Linear inverse demand function and quadratic cost functions reflecting decreasing returns to scale are assumed. The game is mod