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Dynamic oligopolies with market saturation

Ferenc Szidarovszky, Zhaoxia Hu and Jijun Zhao

Chaos, Solitons & Fractals, 2006, vol. 29, issue 3, 723-738

Abstract: Dynamic oligopolies are examined with single-product firms and saturated market. Both linear and isoelastic price functions are considered. The local asymptotical stability of the equilibrium is analyzed first, and then computer simulation is used to illustrate the attraction basins in nonlinear models.

Date: 2006
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:29:y:2006:i:3:p:723-738

DOI: 10.1016/j.chaos.2005.08.104

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