Complex dynamics in a monopoly with a rule of thumb

DOI10.1016/J.AMC.2008.04.020MaRDI QIDQ2379007zbMATH OpenOpenAlexFDO

Authors Giorgio Ricchiuti, Ahmad K. Naimzada

Publication date 14 January 2009

Published in Applied Mathematics and Computation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.amc.2008.04.020

zbMATH Keywords

bounded rationalitychaosmonopolyrule of thumbstability

Mathematics Subject Classification ID

Dynamical systems with hyperbolic behavior (37D99) Economic growth models (91B62)

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Cites work

• Handbook of computational economics. Vol. 2: Agent-based computational economics
• scientific article; zbMATH DE number 2171469 (Why is no real title available?)
• scientific article; zbMATH DE number 1913780 (Why is no real title available?)
• Nonlinear Expectation Formation, Endogenous Business Cycles and Stylized Facts
• The chaotic monopolist

Cited in

(23)

• The impact of cost uncertainty on Cournot oligopoly game with concave demand function
• Discrete and continuous dynamics in nonlinear monopolies
• Image encryption algorithm based on chaotic economic model
• Complex dynamic properties of Cournot duopoly games with convex and log-concave demand function
• Some reflections on past and future of nonlinear dynamics in economics and finance
• Effects of fixed and continuously distributed delays in a monopoly model with constant price elasticity
• Monopoly power and the firm's valuation: a dynamic analysis of short versus long-term policies
• Dynamical analysis of a delayed monopoly game with a log-concave demand function
• Delay dynamics in nonlinear monopoly with gradient adjustment
• Nonlinear dynamics and adjunct profits in two boundedly rational models of monopoly
• Learning monopolies with delayed feedback on price expectations
• Monopoly models with time-varying demand function
• Dynamic monopoly with multiple continuously distributed time delays
• The rise of complex phenomena in Cournot duopoly games due to demand functions without inflection points
• Dynamic monopoly with relational incentives
• Dynamical analysis of a Cournot duopoly model
• Learning in monopolies with delayed price information
• Different modelling approaches for time lags in a monopoly
• A cobweb model with gradient adjustment mechanism: nonlinear dynamics and multistability
• Controlling chaos and mixed mode oscillations in a Bertrand duopoly game with homogeneous expectations and quadratic cost functions
• Analysis of 1:4 resonance in a monopoly model with memory
• Effect of price elasticity of demand in monopolies with gradient adjustment
• On periodic and chaotic behavior in a two-dimensional monopoly model

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