Analysis of Price Stackelberg Duopoly Game with Bounded Rationality

The classical Stackelberg game is extended to boundedly rational price Stackelberg game, and the dynamic duopoly game model is described in detail. By using the theory of bifurcation of dynamical systems, the existence and stability of the equilibrium points of this model are studied. And some compa...

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Bibliographic Details
Main Authors: Lian Shi, Yun Le, Zhaohan Sheng
Format: Article
Language:English
Published: Hindawi Limited 2014-01-01
Series:Discrete Dynamics in Nature and Society
Online Access:http://dx.doi.org/10.1155/2014/428568