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On Modelling Advertisement in Cournot Duopoly

✍ Scribed by E. Ahmed; H.N. Agiza; S.Z. Hassan

Book ID
104363891
Publisher
Elsevier Science
Year
1999
Tongue
English
Weight
233 KB
Volume
10
Category
Article
ISSN
0960-0779

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✦ Synopsis

A system of two _rms is studied following Puu|s model of Cournot duopoly[ Their competing advertisements are modelled[ Chaos is observed if the advertisement|s parameters of both _rms are close to each other[ Chaos control formulae are given to control the chaos due to advertisements[ Þ 0888 Elsevier Science Ltd[ All rights reserved[

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We consider a discrete map proposed by M. Kopel that models a nonlinear Cournot duopoly consisting of a market structure between the two opposite cases of monopoly and competition. The stability of the fixed points of the discrete dynamical system is analyzed. Synchronization of two dynamics paramet