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Decisions in Economics and Finance

Erschienen in:

24.11.2018

A continuous-time heterogeneous duopoly model with delays

verfasst von: Serena Brianzoni, Giovanni Campisi, Luca Guerrini

Erschienen in: Decisions in Economics and Finance | Ausgabe 2/2018

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Abstract

In this paper, the continuous-time version with delays of the model of Tramontana (Econ Model 27(1):350–357, 2010) is presented. The stability of the equilibrium point is discussed by analyzing the distribution of roots of associated characteristic equation. It is found that combining marginal costs with time delays gives rise to different economic scenarios, where stability switches may appear and Hopf bifurcations occur within certain range of parameters.

Vorheriger Artikel Effects of fixed and continuously distributed delays in a monopoly model with constant price elasticity

Nächster Artikel Heterogeneous players in a Cournot model with differentiated products

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Titel: A continuous-time heterogeneous duopoly model with delays
verfasst von: Serena Brianzoni
Giovanni Campisi
Luca Guerrini
Publikationsdatum: 24.11.2018
Verlag: Springer International Publishing
Erschienen in: Decisions in Economics and Finance / Ausgabe 2/2018
Print ISSN: 1593-8883
Elektronische ISSN: 1129-6569
DOI: https://doi.org/10.1007/s10203-018-0227-y

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