Complex Dynamics of an Adnascent-Type Game Model

Baogui Xin, Junhai Ma and Qin Gao

Discrete Dynamics in Nature and Society, 2008, vol. 2008, 1-12

Abstract:

The paper presents a nonlinear discrete game model for two oligopolistic firms whose products are adnascent. (In biology, the term adnascent has only one sense, “growing to or on something else,†e.g., “moss is an adnascent plant.†See Webster's Revised Unabridged Dictionary published in 1913 by C. & G. Merriam Co., edited by Noah Porter.) The bifurcation of its Nash equilibrium is analyzed with Schwarzian derivative and normal form theory. Its complex dynamics is demonstrated by means of the largest Lyapunov exponents, fractal dimensions, bifurcation diagrams, and phase portraits. At last, bifurcation and chaos anticontrol of this system are studied.

Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnddns:467972

DOI: 10.1155/2008/467972

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