| 1. |
|
|
| 2. |
- Puu, Tönu, 1936-
(författare)
-
Complex dynamics with three oligopolists
- 1996
-
Ingår i: Chaos, Solitons & Fractals. - 0960-0779 .- 1873-2887. ; 7:12, s. 2075-2081
-
Tidskriftsartikel (refereegranskat)abstract
- The adjustment process by three Cournot oligopolists is studied. An iso-elastic demand function and constant marginal costs are assumed. The system can easily result in chaotic behaviour, and a much richer variety of bifurcations will occur than in the case of duopoly with two agents, discussed before under the same assumptions.
|
|
| 3. |
- Puu, Tönu, 1936-
(författare)
-
The chaotic duopolists revisited
- 1998
-
Ingår i: Journal of Economic Behavior and Organization. - 0167-2681 .- 1879-1751. ; 33:3-4, s. 385-394
-
Tidskriftsartikel (övrigt vetenskapligt/konstnärligt)abstract
- The adjustment process of three oligopolists is studied, under Cournot and Stackelberg action. It is demonstrated that with an iso-elastic demand function and constant marginal costs, the system can result in periodic or in chaotic behaviour. In particular, the case with two identical and one different oligopolists is focused, which turns into a virtual duopoly, though displaying a wider set of bifurcations than can occur in genuine duopoly.
|
|
| 4. |
- Puu, Tönu, 1936-
(författare)
-
The chaotic monopolist
- 1995
-
Ingår i: Chaos, Solitons & Fractals. - : Elsevier BV. - 0960-0779 .- 1873-2887. ; 5:1, s. 35-44
-
Tidskriftsartikel (refereegranskat)abstract
- The search of a profit maximum by a monopolistic firm is studied, given a demand function with variable elasticity of demand. The system has multiple optimal solutions, so the search algorithm may result in chaotic behaviour.
|
|
