Nonlinear oligopolistic game with isoelastic demand function: rationality and local monopolistic approximation

DOI10.1016/j.chaos.2015.12.019zbMath1355.91046MaRDI QIDQ509229

S. S. Askar, Khalid Abdulaziz Alnowibet

Publication date: 9 February 2017

Published in: Chaos, Solitons and Fractals (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.chaos.2015.12.019

zbMATH Keywords

stability; chaos; bifurcation; rationality; Cobb-Douglas; local monopolistic approximation

Mathematics Subject Classification ID

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

91B42: Consumer behavior, demand theory

37M05: Simulation of dynamical systems

37N40: Dynamical systems in optimization and economics

37C75: Stability theory for smooth dynamical systems