Complexity of repeated game model in electric power triopoly

Jun-Hai Ma and Wei-Zhuo Ji

Chaos, Solitons & Fractals, 2009, vol. 40, issue 4, 1735-1740

Abstract: According to the repeated game model in electric power duopoly, a triopoly outputs game model is presented. On the basis of some hypotheses, the dynamic characters are demonstrated with theoretical analysis and numerical simulations. The results show that the triopoly model is a chaotic system and it is better than the duopoly model in applications.

Date: 2009
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:chsofr:v:40:y:2009:i:4:p:1735-1740

DOI: 10.1016/j.chaos.2007.09.058

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