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Dynamics of a Cournot Duopoly Game with a Generalized Bounded Rationality

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  • A. Al-khedhairi

Abstract

In this paper, the dynamics of Cournot duopoly game with a generalized bounded rationality is considered. The fractional bounded rationality of the Cournot duopoly game is introduced. The conditions of local stability analysis of equilibrium points of the game are derived. The effect of fractional marginal profit on the game is investigated. The complex dynamics behaviors of the game are discussed by numerical computation when parameters are varied.

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  • A. Al-khedhairi, 2020. "Dynamics of a Cournot Duopoly Game with a Generalized Bounded Rationality," Complexity, Hindawi, vol. 2020, pages 1-10, May.
    • Handle: RePEc:hin:complx:8903183
    DOI: 10.1155/2020/8903183
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    Cited by:

    1. Sameh S Askar & Abdulrahman Al-Khedhairi, 2020. "Local and Global Dynamics of a Constraint Profit Maximization for Bischi–Naimzada Competition Duopoly Game," Mathematics, MDPI, vol. 8(9), pages 1-16, August.

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