Double route to chaos in an heterogeneous triopoly game

Ahmad Naimzada and Fabio Tramontana

No 149, Quaderni di Dipartimento from University of Pavia, Department of Economics and Quantitative Methods

Abstract: We move from a triopoly game with heterogeneous players (E.M.Elabassy et al., 2009. Analysis of nonlinear triopoly game with heterogeneous players. Computers and Mathematics with Applications 57, 488-499). We remove the nonlinearity from the cost function and introduce it in the demand function. We also introduce a different decisional mechanism for one of the three competitors. A double route to complex dynamics is shown to exist, together with the possibility of multistability of different attractors, requiring a global analysis of the dynamical system.

Keywords: Triopoly game; Heterogeneous players; Global analysis (search for similar items in EconPapers)
Pages: 17 pages
Date: 2011-06
New Economics Papers: this item is included in nep-gth
References: Add references at CitEc
Citations:

Downloads: (external link)
http://dem-web.unipv.it/web/docs/dipeco/quad/ps/RePEc/pav/wpaper/q149.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pav:wpaper:149

Access Statistics for this paper

More papers in Quaderni di Dipartimento from University of Pavia, Department of Economics and Quantitative Methods Contact information at EDIRC.
Bibliographic data for series maintained by Paolo Bonomolo ( this e-mail address is bad, please contact ).