Global Exponential Stability of Cournot Duopolies with Delays

被引:6
作者
Chen, Wei [1 ]
Wang, Wentao [2 ]
机构
[1] Shanghai Lixin Univ Commerce, Sch Math & Informat, Shanghai 201620, Peoples R China
[2] Jiaxing Univ, Coll Math Phys & Informat Engn, Jiaxing 314001, Zhejiang, Peoples R China
关键词
Cournot duopolies; Delay; Exponential stability; Equilibrium; DYNAMICS; MODELS; GAME;
D O I
10.1007/s10614-015-9503-x
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper is concerned with Cournot duopolies with delays. By employing a novel proof, some sufficient criteria are established to ensure the existence of positive solutions and global exponential stability of Cournot equilibrium, which are new and complement of previously known results. Moreover, an example and its numerical simulations are given to support the theoretical result.
引用
收藏
页码:147 / 154
页数:8
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