Complex Dynamics in a Mixed Duopoly Game Based on Relative Profit Maximization
Yuqi Dou & Xingyu Liu · Asian Journal of Probability and Statistics · 2021
In this paper, the complex dynamic behavior of a mixed duopoly game model is studied. Based on the principle of relative profit maximization and bounded rational expectation, the corresponding discrete dynamic systems are constructed in the case of nonlinear cost function. In the...
Open access
Research Article
10.9734/ajpas/2021/v11i230265