Language:   Search:   Contact
World of
Mathematics Database
»ZBMATH« MSC 2000
MSC 2010 Reviewer
Service Subscription
»ZBMATH«
ZBMATH Database | Advanced Search Print
Read more | Try MathML | Hide
Zentralblatt MATH has released its new interface!
For an improved author identification, see the new author database of ZBMATH.

ZBMATH Database Simple Search Advanced Search Command Search

Advanced Search

Query:
Fill in the form and click »Search«...
Format:
Display: entries per page entries
Zbl 0955.91045
Ahmed, E.; Agiza, H.N.; Hassan, S.Z.
On modifications of Puu's dynamical duopoly. (English)
[J] Chaos Solitons Fractals 11, No.7, 1025-1028 (2000). ISSN 0960-0779

Summary: Puu's economic dynamical model is extended to the following cases: Bounded rationality, differentiated goods and bounded rationality with delay. It is shown that delay increases stability. Hence firms using bounded rationality with delay have a higher chance of reaching Nash equilibrium. Stability and instability (cycles and chaos) conditions for all these cases are determined.
MSC 2000:
*91B54 Special types of economies
91B52 Special types of equilibria in economics

Keywords: bounded rationality; Puu's economic dynamical model; differentiated goods; Nash equilibrium

Comment on this Item PDF MathML XML ASCII DVI PS BibTeX Online Ordering Article Journal

Login Username: Password:

Highlights
Scientific prize winners of the ICM 2010
Overhang
Lie groups, physics and geometry. An introduction for physicists, engineers and chemists.

Master Server

Zentralblatt MATH Berlin [Germany]

© FIZ Karlsruhe GmbH

Zentralblatt MATH master server is maintained by the Editorial Office in Berlin, Section Mathematics and Computer Science of FIZ Karlsruhe and is updated daily.

Other Mirror Sites

Copyright © 2013 Zentralblatt MATH | European Mathematical Society | FIZ Karlsruhe | Heidelberg Academy of Sciences
Published by Springer-Verlag | Webmaster