Topological Entropy of Cournot-Puu Duopoly

Jose S. Cánovas and David López Medina

Discrete Dynamics in Nature and Society, 2010, vol. 2010, 1-12

Abstract:

The aim of this paper is to analyze a classical duopoly model introduced by Tönu Puu in 1991. For that, we compute the topological entropy of the model and characterize those parameter values with positive entropy. Although topological entropy is a measure of the dynamical complexity of the model, we will show that such complexity could not be observed.

Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnddns:506940

DOI: 10.1155/2010/506940

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