Delay dynamics in nonlinear monopoly with gradient adjustment

DOI10.1007/S10203-021-00342-XMaRDI QIDQ2064586zbMATH OpenOpenAlexFDO

Authors F. 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

boundedly rational monopolydelay differential equationdiscrete-time and continuous-time dynamicsgradient adjustmentstability switching curves

Mathematics Subject Classification ID

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

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Cites work

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

Cited in

(12)

• 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
• Nonlinear dynamics and adjunct profits in two boundedly rational models of monopoly
• Monopoly models with time-varying demand function
• Dynamic monopoly with multiple continuously distributed time delays
• Output diffusion of the monopolist over time and space
• A multiscale time model with piecewise constant argument for a boundedly rational monopolist
• Learning in monopolies with delayed price information
• Different modelling approaches for time lags in a monopoly
• scientific article; zbMATH DE number 6855185 (Why is no real title available?)
• Effect of price elasticity of demand in monopolies with gradient adjustment
• Discrete-time delay dynamics of boundedly rational monopoly

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