Delay dynamics in nonlinear monopoly with gradient adjustment

DOI10.1007/s10203-021-00342-xzbMath1480.91106OpenAlexW3190878393MaRDI QIDQ2064586

Ferenc Szidarovszky, Akito Matsumoto

Publication date: 6 January 2022

Published in: Decisions in Economics and Finance (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1007/s10203-021-00342-x

zbMATH Keywords

delay differential equationboundedly rational monopolydiscrete-time and continuous-time dynamicsgradient adjustmentstability switching curves

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24)

Cites Work

• Effect of delay time on the generation of chaos in continuous systems. One-dimensional model. Two-dimensional model -- tubular chemical reactor with recycle
• Discrete and continuous dynamics in nonlinear monopolies
• Effects of fixed and continuously distributed delays in a monopoly model with constant price elasticity
• Dynamical analysis of a delayed monopoly game with a log-concave demand function
• The chaotic monopolist
• Explicit stability conditions for a linear trinomial delay difference equation
• Complex dynamics in a monopoly with a rule of thumb
• On stability crossing curves for general systems with two delays
• Different Modelling Approaches for Time Lags in a Monopoly

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