Dynamics Analysis of Game and Chaotic Control in the Chinese Fixed Broadband Telecom Market
Jia Liu,
Guoliang Liu,
Na Li and
Hongliang Xu
Discrete Dynamics in Nature and Society, 2014, vol. 2014, 1-8
Abstract:
This paper considers a dynamic duopoly Cournot model based on nonlinear cost functions. The model with heterogeneous players and the spillover effect is applied to the Chinese fixed broadband telecom market. We have studied its dynamic game process. The existence and stability of the Nash equilibrium of the system have been discussed. Simulations are used to show the complex dynamical behaviors of the system. The results illustrate that altering the relevant parameters of system can affect the stability of the Nash equilibrium point and cause chaos to occur. With the use of the delay feedback control method, the chaotic behavior of the model has been stabilized at the Nash equilibrium point. The analysis and results will be of great importance for the Chinese fixed broadband telecom market.
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnddns:275123
DOI: 10.1155/2014/275123
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