IDEAS home Printed from https://ideas.repec.org/h/spr/isochp/978-0-306-48102-4_12.html

The Birth of Limit Cycles in Nonlinear Oligopolies with Continuously Distributed Information Lags

In: Modeling Uncertainty

Author

Listed:
  • Carl Chiarella

    (University of Technology Sydney)

  • Ferenc Szidarovszky

    (University of Arizona Tucson)

Abstract

The dynamic behavior of the output in nonlinear oligopolies is examined when the equilibrium is locally unstable. Continuously distributed time lags are assumed in obtaining information about rivals’ output as well as in obtaining or implementing information about the firms’ own output. The Hopf bifurcation theorem is used to find conditions under which limit cycle motion is born. In addition to the classical Cournot model, labor managed and rent seeking oligopolies are also investigated.

Suggested Citation

  • Carl Chiarella & Ferenc Szidarovszky, 2002. "The Birth of Limit Cycles in Nonlinear Oligopolies with Continuously Distributed Information Lags," International Series in Operations Research & Management Science, in: Moshe Dror & Pierre L’Ecuyer & Ferenc Szidarovszky (ed.), Modeling Uncertainty, chapter 0, pages 249-268, Springer.
    • Handle: RePEc:spr:isochp:978-0-306-48102-4_12
    DOI: 10.1007/0-306-48102-2_12
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chiarella, Carl & Szidarovszky, Ferenc, 2004. "Dynamic oligopolies without full information and with continuously distributed time lags," Journal of Economic Behavior & Organization, Elsevier, vol. 54(4), pages 495-511, August.
    2. Anufriev, Mikhail & Kopányi, Dávid, 2018. "Oligopoly game: Price makers meet price takers," Journal of Economic Dynamics and Control, Elsevier, vol. 91(C), pages 84-103.
    3. Matsumoto, Akio & Chiarella, Carl & Szidarovszky, Ferenc, 2013. "Dynamic monopoly with bounded continuously distributed delay," Chaos, Solitons & Fractals, Elsevier, vol. 47(C), pages 66-72.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:isochp:978-0-306-48102-4_12. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.