Nonlinear dynamics and global analysis of a heterogeneous Cournot duopoly with a local monopolistic approach versus a gradient rule with endogenous reactivity

F Cavalli, A Naimzada, F Tramontana - Communications in Nonlinear …, 2015 - Elsevier
We study a heterogeneous duopolistic Cournotian game, in which the firms, producing a
homogeneous good, have reduced rationality and respectively adopt a “Local Monopolistic …

An inventory model with variable demand, component cost and selling price for deteriorating items

B Sarkar, S Saren, HM Wee - Economic Modelling, 2013 - Elsevier
In this paper, we develop an economic order quantity (EOQ) model for finite production rate
and deteriorating items with time dependent increasing demand. The component cost and …

Image encryption algorithm based on chaotic economic model

SS Askar, AA Karawia… - Mathematical Problems in …, 2015 - Wiley Online Library
In literature, chaotic economic systems have got much attention because of their complex
dynamic behaviors such as bifurcation and chaos. Recently, a few researches on the usage …

Nonlinear oligopolistic game with isoelastic demand function: Rationality and local monopolistic approximation

SS Askar, K Alnowibet - Chaos, Solitons & Fractals, 2016 - Elsevier
Isoelastic demand function have been used in literature to study the dynamic features of
systems constructed based on economic market structure. In this paper, we adopt the so …

Complex dynamic properties of Cournot duopoly games with convex and log-concave demand function

SS Askar - Operations Research Letters, 2014 - Elsevier
A Cournot duopoly game is proposed where the interdependence between firms depends
on convex and log-concave demand function. In this paper, a model of two rational firms that …

The rise of complex phenomena in Cournot duopoly games due to demand functions without inflection points

S Askar - Communications in Nonlinear Science and Numerical …, 2014 - Elsevier
In this paper, we propose Cournot duopoly games where quantity-setting firms use non-
linear demand functions that have no inflection points. Two different kinds of repeated …

Optimal investment decision for industry 4.0 under uncertainties of capability and competence building for managing supply chain risks

SS Padhi, S Mukherjee, TCE Cheng - International Journal of Production …, 2024 - Elsevier
This study analyses a risk-averse firm's decision to invest in Industry 4.0 (I4. 0) in the
presence of supply chain risks (SCR). Literature suggests that I4. 0 assists the firm in …

A Cournot duopoly game with heterogeneous players: nonlinear dynamics of the gradient rule versus local monopolistic approach

F Cavalli, A Naimzada - Applied Mathematics and Computation, 2014 - Elsevier
We analyze a duopolistic Cournotian game with firms producing a homogeneous good,
isoelastic demand function and linear total cost functions. In this economic setting, the …

An oligopoly model with rational and imitation rules

LC Baiardi, AK Naimzada - Mathematics and Computers in Simulation, 2019 - Elsevier
In the rank of behavioral rules, imitation-based heuristics have received special attention in
economics (see Vega-Redondo, 1997; Schlag, 1998). In particular, imitative behavior …

Dynamical analysis of a delayed monopoly game with a log-concave demand function

AA Elsadany, AM Awad - Operations Research Letters, 2016 - Elsevier
A delay monopoly game with bounded rationality is considered where the inverse demand
function is a log-concave function. The stability/instability of the game when dynamics was …