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

stabilitychaosbounded rationalitymonopolyrule of thumb

Mathematics Subject Classification ID

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

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Cites work

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

Cited in

(22)

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

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