Title :
On Chaos in Cournot Duopoly Model
Author :
Jiao, Zhenhua ; Yan, Liping ; Jin, Conghao
Author_Institution :
Inst. of Math., Hangzhou Dianzi Univ., Hangzhou, China
Abstract :
In this paper, we discuss the chaotic behavior in Cournot duopoly economic model. We mainly introduce the state feedback control method and the parameter feedback control method to stabilize the chaotic system. Additionally, we also display the related economic implications of the adjustment strategy.
Keywords :
economics; state feedback; Cournot duopoly economic model; chaotic behavior; parameter feedback control; state feedback control; Bifurcation; Chaos; Economics; Feedback control; Jacobian matrices; Production; Cournot-Puu model; chaos; parameter feedback control; state feedback control;
Conference_Titel :
Chaos-Fractals Theories and Applications (IWCFTA), 2011 Fourth International Workshop on
Conference_Location :
Hangzhou
Print_ISBN :
978-1-4577-1798-7
DOI :
10.1109/IWCFTA.2011.19
