In this paper, a novel type of generalized Kopel triopoly model is presented to reveal the
complex dynamics and transitions between different dynamic behaviors. First, based on …

Oligopoly theory is one of the most intensively studied areas of mathematical economics. On
the basis of the pioneering works of Cournot (1838), many researchers have developed and …

Following the work of Yorke and Li in 1975, the theory of discrete dynamical systems and
difference equations developed rapidly. The applications of difference equations also grew …

We propose an oligopoly game where quantity setting firms have incomplete information
about the demand function. At each time step they solve a profit maximization problem …

A nonlinear triopoly game with heterogeneous players is presented. We consider three
types of players; boundedly rational, adaptive, and naive. A triopoly game is modelled by a …

We investigate the effect of information asymmetry on a dynamic Cournot duopoly game with
bounded rationality. Concretely, we study how one player's possession of information about …

This chapter will review the development ofthe theory of complex oligopoly dynamics from
the 1970s to the year 2001 in its main strands. It will also provide certain speculations …

It is devoted to introduce and research a triopoly Hotelling model with a triangular market in
this paper. Based on bounded rationality, a three-dimensional discrete dynamical system is …

In this paper we concern the investment process in a duopoly game played by
heterogeneous players. A discrete and dynamic system is built for the case that a boundedly …

In this work, a dynamic multi-market Cournot model is introduced based on a multi-markets'
specific inverse demand function. Puu's incomplete information approach, as a realistic …