Open AccessDynamic Cournot Duopoly Game with Delay
Author(s) -
A. A. Elsadany,
A.E. Matouk
Publication year - 2014
Publication title -
journal of complex system
Language(s) - English
Resource type - Journals
eISSN - 2356-7244
pISSN - 2314-6540
DOI - 10.1155/2014/384843
Subject(s) - cournot competition , duopoly , stability (learning theory) , equilibrium point , nash equilibrium , mathematical economics , economics , point (geometry) , microeconomics , mathematics , computer science , mathematical analysis , geometry , machine learning , differential equation
The delay Cournot duopoly game is studied. Dynamical behaviors of the game are studied. Equilibrium points and their stability are studied. The results show that the delayed system has the same Nash equilibrium point and the delay can increase the local stability region