IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwpmi/0409001.html
   My bibliography  Save this paper

Movement of equilibrium of Cournot duopoly and the visualization of bifurcations of its adjustment dynamics

Author

Listed:
  • Michael Sonis

    (Bar-Ilan University)

  • Chokri Dridi

    (University of Illinois at Urbana-Champaign)

Abstract

This paper deals with the analytical and graphical representation of the bifurcations appearing from the adjustment dynamics of a 2- player Cournot duopoly, proposed by Puu (1997). We establish admissibility conditions on the initial state of the adjustment dynamics and visualize the dynamics in the space of orbits.

Suggested Citation

  • Michael Sonis & Chokri Dridi, 2004. "Movement of equilibrium of Cournot duopoly and the visualization of bifurcations of its adjustment dynamics," Microeconomics 0409001, EconWPA.
  • Handle: RePEc:wpa:wuwpmi:0409001
    Note: Type of Document - pdf; pages: 10. Mathematics Subject Classifications (2000). 37G15, 37N40, 65Q05, 91A80
    as

    Download full text from publisher

    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/0409/0409001.pdf
    Download Restriction: no

    Other versions of this item:

    More about this item

    Keywords

    Bifurcation surfaces; Chaos; Cournot; Duopoly; Nonlinear dynamics; Stability.;

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D2 - Microeconomics - - Production and Organizations
    • D3 - Microeconomics - - Distribution
    • D4 - Microeconomics - - Market Structure, Pricing, and Design

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:wpa:wuwpmi:0409001. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA). General contact details of provider: https://econwpa.ub.uni-muenchen.de .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.