The long-run benefits of chaos to oligopolistic firms

DOI10.1016/J.JEDC.2007.05.010MaRDI QIDQ844646zbMATHOpenAlexFDO

Authors Weihong Huang

Publication date 19 January 2010

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.jedc.2007.05.010

zbMATH Keywords

chaosheterogeneous agentsnonlinear dynamicsCournotoligopolycautious strategycobwebprice-taking

Mathematics Subject Classification ID

Dynamical systems in optimization and economics (37N40) Heterogeneous agent models (91B69)

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Cites work

• A Rational Route to Randomness
• Competitive Approximation of a Cournot Market
• Cournot Oligopoly and Competitive Behaviour
• Endogenous fluctuations under evolutionary pressure in Cournot competition
• Let it be: chaotic price instability can be beneficial
• Profitability analysis of price-taking strategy in disequilibrium
• Profitable inventory chaos in a macro disequilibrium dynamic model.
• ``Period three to period two bifurcation for piecewise linear models

Cited in

(13)

• Let it be: chaotic price instability can be beneficial
• Oligopoly game: price makers meet price takers
• The chaotic monopolist
• Dynamic analysis of airline bidding game based on nonlinear cost
• Triumph over your rivals in dynamic oligopoly
• Profitable inventory chaos in a macro disequilibrium dynamic model.
• Profitability analysis of price-taking strategy in disequilibrium
• Do oligopolistic firms benefit from being forced to act non‐strategically?
• Positive welfare effects of trade barriers in a dynamic partial equilibrium model
• Bifurcation analysis of a dynamic duopoly model with heterogeneous costs and behavioural rules
• Bifurcation and chaos in a price game of irrigation water in a coastal irrigation district
• scientific article; zbMATH DE number 2209530 (Why is no real title available?)
• Complex dynamics of an adnascent-type game model

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