scholarly journals Stability, Bifurcation, and Chaos inN-Firm Nonlinear Cournot Games

2011 ◽  
Vol 2011 ◽  
pp. 1-22 ◽  
Author(s):  
Akio Matsumoto ◽  
Ferenc Szidarovszky

AnN-firm production game known as oligopoly will be examined with isoelastic price function and linear cost under al Cournot competition. After the best responses of the firms are determined, a dynamic system with adaptive expectations is introduced. It is first shown that the local asymptotic behavior of the system is identical with that of the adaptive adjustment process in which the firms cautiously determine their outputs. Dynamic analysis is confined to two special cases, one in whichNis divided into two groups and the other in whichNis divided into three groups. Then stability conditions will be derived and the global behavior of the equilibria will be illustrated including chaos control. Lastly the two- and three-group models are compared with two-firm (duopoly) and three-firm (triopoly) models to shed light on roles of the number of the firms.

2021 ◽  
Vol 152 ◽  
pp. 111345
Author(s):  
S. Akhtar ◽  
R. Ahmed ◽  
M. Batool ◽  
Nehad Ali Shah ◽  
Jae Dong Chung

1983 ◽  
Vol 15 (9) ◽  
pp. 1161-1174 ◽  
Author(s):  
T Miyao

A model is presented which can yield a dynamic path of economic development from very early stages through more advanced stages in an attempt to shed light on what Alonso called the “five bell-shapes” within a unified framework. The model is able to explain not only the occurrence of a downturn in the rural population after the initial phase of population growth both in rural and urban areas, but also the delayed occurrence of such a downturn in many present-day developing countries. The author then focuses the later stages of economic development and explains two alternative courses of urbanization, namely, the reversal process and the continual-growth process, as special cases of the general model; which of the courses occurs depends on the value of the elasticity of urban agglomeration-economies.


2020 ◽  
Vol 2020 (1) ◽  
Author(s):  
Muhammad Sajjad Shabbir ◽  
Qamar Din ◽  
Khalil Ahmad ◽  
Asifa Tassaddiq ◽  
Atif Hassan Soori ◽  
...  

2015 ◽  
Vol 24 (05) ◽  
pp. 1550065 ◽  
Author(s):  
Ya-Ni Li ◽  
Yin-Tang Yang ◽  
Zhang-Ming Zhu ◽  
Chao-Lin Zhang

Based on the dual-loop control peak current mode power factor correction (PFC) converter, a feed-forward slope compensation method is proposed, which could regulate the compensated slope real-time and suppress the loop perturbation, thus controlling chaos of the system for better stability. A dual-loop Boost PFC model with the feed-forward slope compensation is built to analyze the nonlinear phenomena in system, and the corresponding circuit structure is presented. The chaos control ability of the feed-forward slope compensation is studied theoretically, and the relation of compensated slope and feed-forward signal is deduced, as well as slope stability conditions. The simulation and measured results show that this method could effectively suppress system bifurcation and chaos phenomena, and improve the system working range and dynamic response speed, and eliminate the influence on system stability for without compensated, under compensated, and over compensated.


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