The dynamics of Bowley's model with bounded rationality (Q1862374): Difference between revisions
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scientific article
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English | The dynamics of Bowley's model with bounded rationality |
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The dynamics of Bowley's model with bounded rationality (English)
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19 March 2003
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In this paper the authors describe the time evaluation of \(n\)-competitors in a Cournot game. A number of theorems and lemmas are established and computed. Bounded rationality in monoploy is also studied for analysis. It is an interseting paper to read. No numerical examples are stated in the paper.
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dynamical system
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nonlinear
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Nash equlibrium
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