scholarly journals New Analyses of Duopoly Game with Output Lower Limiters

2013 ◽  
Vol 2013 ◽  
pp. 1-10 ◽  
Author(s):  
Zhaohan Sheng ◽  
Jianguo Du ◽  
Qiang Mei ◽  
Tingwen Huang

In the real business world, player sometimes would offer a limiter to their output due to capacity constraints, financial constraints, or cautious response to uncertainty in the world. In this paper, we modify a duopoly game with bounded rationality by imposing lower limiters on output. Within our model, we analyze how lower limiters have an effect on dynamics of output and give proof in theory why adding lower limiters can suppress chaos. We also explore the numbers of the equilibrium points and the distribution of conditioned equilibrium points. Stable region of the conditioned equilibrium is discussed. Numerical experiments show that the output evolution system having lower limiters becomes more robust than without them, and chaos disappears if the lower limiters are big enough. The local or global stability of the conditional equilibrium points provides a theoretical basis for the limiter control method of chaos in economic systems.

Complexity ◽  
2020 ◽  
Vol 2020 ◽  
pp. 1-16 ◽  
Author(s):  
Jixiang Zhang ◽  
Xuan Xi

In this paper, a decision-making competition game model concerning governments, agricultural enterprises, and the public, all of which participate in the reduction of nitrogen emissions in the watersheds, is established based on bounded rationality. First, the stability conditions of the equilibrium points in the system are discussed, and the stable region of the Nash equilibrium is determined. Then, the bifurcation diagram, maximal Lyapunov exponent, strange attractor, and sensitive dependence on the initial conditions are shown through numerical simulations. The research shows that the adjustment speed of three players’ decisions may alter the stability of the Nash equilibrium point and lead to chaos in the system. Among these decisions, a government’s decision has the largest effect on the system. In addition, we find that some parameters will affect the stability of the system; when the parameters become beneficial for enterprises to reduce nitrogen emissions, the increase in the parameters can help control the chaotic market. Finally, the delay feedback control method is used to successfully control the chaos in the system and stabilize it at the Nash equilibrium point. The research of this paper is of great significance to the environmental governance decisions and nitrogen reduction management.


2013 ◽  
Vol 06 (06) ◽  
pp. 1350037
Author(s):  
HONG NIU ◽  
QINGLING ZHANG

In this paper, a nonlinear difference-algebraic system is used to model some populations with stage structure when the harvest behavior and the economic interest are considered. The stability analysis is studied at the equilibrium points. After the nonlinear difference-algebraic system is changed into a linear system with the unmodeled dynamics, a generalized predictive controller with feedforward compensator is designed to stabilize the system. Adaptive-network-based fuzzy inference system (ANFIS) is used to make the unmodeled dynamic compensated. An example illustrates the effectiveness of the proposed control method.


Author(s):  
Mahesh K. Joshi ◽  
J.R. Klein

Inclusive capitalism is a hot topic and for the right reasons. It has been the focus of discussions both in academic and development circles around the world. “The role that business plays in society, and the expectations about the role it should play, has shifted dramatically in recent years. Called to a higher purpose, or sensing that externalities can only be ignored at their peril, many businesses are increasingly open to the notion that they have a responsibility for creating more inclusive economic systems” (Tufano et al. 2016). This statement is an indicator of rigorous research being carried out on the capital and social impact of global business. This chapter highlights the work of the best thinkers and primary players in the world of global business and economics.


2020 ◽  
Vol 36 (8) ◽  
pp. 29-31

Purpose Reviews the latest management developments across the globe and pinpoints practical implications from cutting-edge research and case studies. Design/methodology/approach This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context. Findings The problem with developing a reputation of being something of an oracle in the business world is that all of a sudden, everyone expects you to pull off the trick of interpreting the future on a daily basis. Like a freak show circus act or one-hit wonder pop singer, people expect you to perform when they see you, and they expect you to perform the thing that made you famous, even if it is the one thing in the world you don’t want to do. And when you fail to deliver on these heightened expectations, you are dismissed as a one trick pony, however good that trick is in the first place. Originality/value The briefing saves busy executives and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.


2011 ◽  
Vol 314-316 ◽  
pp. 837-841
Author(s):  
Ling Ling ◽  
Yuan Sheng Zeng

Through compassion of relative merits of the existing two control methods of straighten anti-curve line and chord line measure for cold-formed profiles, a three-pivot chord angle control method of non-endpoint measurement was proposed in this paper, and its feasibility was proved by using mathematical deduction. Using mapping method, the forming of profiles can be controlled by the only one set of orderly array chord angles and chord lines obtained by a spline curve of profiles, and meanwhile, the length of automation feedstock in forming process of profiles was explored. The present research achievements can provide a good theoretical basis for the further application on controlling profile forming with the chord angle measurement.


2018 ◽  
Vol 2 (2) ◽  
pp. 142-147
Author(s):  
Guntoro Guntoro ◽  
Loneli Costaner ◽  
Lisnawita Lisnawita

Teaching and learning process is an integral in the achievement of human resources who have the skills in the field in accordance with the goals of a college. Students who undergo the study other than he get the knowledge in the field that he studied, will also be given the learning experience given the task by the lecturer supervisor of the course and then the results are feasible for the percentage of campus forums with tools and complete electronic media. Nowadays, the percentage becomes the obstacle by students to get the perfect score, because the percentage is related to the presentation slide which is interesting and easy to understand by the audience. The percentage slide also becomes an assessment at the moment of presentation in front of the class forum, the student is not yet understand how to make an interesting and effective presentation so that the idea is well conveyed. In addition, students also difficult to make a presentation with a combination of images and writing because it has not got the skills to design the slide so much the results of the presentation of what is with a fairly satisfactory percentage value. In today's digital age, it can be said that any profession of someone in the world of organization, both business world and academic world can not be separated from the necessity to do the exposure to explain the purpose of a problem or information. Ability to present good information with an attractive means is necessary to get the ideas and ideas to the person who received the information. Good presentation skills, interesting and informative is needed everyone so that ideas or ideas can be easily understood. One of the media presentations to make the ideas submitted so more informative and interesting is to use Ms. Power point.


2019 ◽  
Author(s):  
Yuni Astuti ◽  
Hade Afriansyah

Abstrak—Educational institutions have many demands where the tasks and responsibilities that prioritize leaders are to create effective educational institutions that benefit the school and the community. In order for the duties and responsibilities of the educator institutions represented by leaders, they need to understand, explore, and apply some concepts by adult management to develop thinking in the business world. The application of management science concepts to the field of educational administration has begun several decades ago, but has not received attention from the world of education in our country, which has caused a lack of efficiency in the administration carried out in educational institutions.Keywords—components, work procedures, supervision, education, institutions


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