Topological Entropy of Cournot‐Puu Duopoly
Author(s) -
José S. Cánovas,
David López Medina
Publication year - 2010
Publication title -
discrete dynamics in nature and society
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.264
H-Index - 39
eISSN - 1607-887X
pISSN - 1026-0226
DOI - 10.1155/2010/506940
Subject(s) - topological entropy , duopoly , entropy (arrow of time) , mathematics , topological entropy in physics , cournot competition , statistical physics , topology (electrical circuits) , physics , pure mathematics , mathematical economics , combinatorics , topological quantum number , quantum mechanics
The aim of this paper is to analyze a classical duopoly model introduced by Tönu Puu in 1991. For that, we compute the topological entropy of the model and characterize those parameter values with positive entropy. Although topological entropy is a measure of the dynamical complexity of the model, we will show that such complexity could not be observed
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