In this paper, we run through an example of oligopoly, recently introduced in the literature, where firms operate under constraints. The dynamical system describing firms’ choices over time assumes the form of a piecewise-smooth map because of such constraints. By carrying on a leading example, we show possible routes to complexity in the model, mainly due to border collision and homoclinic bifurcations.

Border Collision Bifurcations in a simple oligopoly model with constraints

LAMANTIA, FABIO GIOVANNI;
2012-01-01

Abstract

In this paper, we run through an example of oligopoly, recently introduced in the literature, where firms operate under constraints. The dynamical system describing firms’ choices over time assumes the form of a piecewise-smooth map because of such constraints. By carrying on a leading example, we show possible routes to complexity in the model, mainly due to border collision and homoclinic bifurcations.
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.11770/127661
 Attenzione

Attenzione! I dati visualizzati non sono stati sottoposti a validazione da parte dell'ateneo

Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 6
  • ???jsp.display-item.citation.isi??? ND
social impact