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Delay Dynamics of a Cournot Game with Heterogenous Duopolies MATSUMOTO, Akio SZIDAROVSZKY, Ferenc この資料の著作権は、資料の著作者または学校法人中央大学に帰属します。著作権法が定める私的利用・引用を超える使用を希望される場合には、掲載誌発行部局へお問い合わせください。 Delay duopoly dynamics Bounded rationality Continuous-time system Stability switch application/pdf We construct à la Cournot duopoly model in a continuous-time frame-work and consider dynamic behavior when the …rms are heterogenous in determining their output decision: one …rm has an information delay in the competitor’s output as well as an implementation delay in its own output while the other …rm does not have any delays. Two main results are obtained. One is that the information delay does not affect dynamics of the commodities and the other is that the implementation delay can destabilize the otherwise stable equilibrium. Furthermore, it is numerically confi…rmed that the two delay duopoly model can generate a wide spectrum of dynamics ranging from cyclic dynamics to chaos. 中央大学経済研究所 2015-01-01 eng departmental bulletin paper VoR https://chuo-u.repo.nii.ac.jp/records/6743 経済研究所 Discussion Paper IERCU Discussion Paper 241 https://chuo-u.repo.nii.ac.jp/record/6743/files/IERCU~~241~1.pdf application/pdf 236.5 kB 2019-04-22