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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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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