寡占市场中有限理性博弈模型分析

Abstract

Abstract: Based on the players with bounded rationality,the game model is built to analyze a nonlinear duopoly game with heterogeneous players and different functions of cost.The existence and stability of the Nash equilibrium of this system are studied.The complex dynamics, bifurcations,strange attractor and chaos are displayed by simulating numerically and the largest Lyapunov exponents are computed.We show thatenterprise's expectations have an impact on the result of duopoly game. The conclusions provide enterprise with theories of output decision-making in chaotic market.

Key words: heterogeneous expectations, discrete dynamical system, Cournot model, chaos, the largest Lyapunov exponents

CLC Number:

F224

ZHANG Ji-xiang, DA Qing-li, WANG Yan-hua. Analysis of a Game with Bounded Rationality in Oligopoly Market[J]. Chinese Journal of Management Science, 2006, (5): 109-113.

References

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Analysis of a Game with Bounded Rationality in Oligopoly Market

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