WEKO3
アイテム
The Chaotic Monopolist Revisited with Bounded Rationality and Delay Dynamics
https://chuo-u.repo.nii.ac.jp/records/12814
https://chuo-u.repo.nii.ac.jp/records/12814c7370567-6682-4d02-9243-f4c3689928e6
名前 / ファイル | ライセンス | アクション |
---|---|---|
![]() |
|
Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||||||
---|---|---|---|---|---|---|---|---|---|---|
公開日 | 2021-03-26 | |||||||||
タイトル | ||||||||||
タイトル | The Chaotic Monopolist Revisited with Bounded Rationality and Delay Dynamics | |||||||||
言語 | en | |||||||||
言語 | ||||||||||
言語 | eng | |||||||||
キーワード | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Boundedly rational monopolist | |||||||||
キーワード | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Delay differential equation | |||||||||
キーワード | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Gradient dynamics | |||||||||
キーワード | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Hopf bifurcation | |||||||||
キーワード | ||||||||||
言語 | en | |||||||||
主題Scheme | Other | |||||||||
主題 | Continuous and discrete models | |||||||||
資源タイプ | ||||||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_6501 | |||||||||
資源タイプ | departmental bulletin paper | |||||||||
著者 |
MATSUMOTO, Akio
× MATSUMOTO, Akio
× SZIDAROVSZKY, Ferenc
|
|||||||||
著者別名 | ||||||||||
識別子Scheme | WEKO | |||||||||
識別子 | 27290 | |||||||||
姓名 | 松本, 昭夫 | |||||||||
姓名 | マツモト、アキオ | |||||||||
言語 | ja-Kana | |||||||||
抄録 | ||||||||||
内容記述タイプ | Abstract | |||||||||
内容記述 | Two types of boundedly rational monopolists are studied when the marginal revenue is not necessarily negative sloping. Knowledgeably monopolists (k-monopolists) know the analytic form of the price function but unable to compute the pro t-maximizing output level. Limited monopolists (l-monopolists) know only the price and output values in two previous time periods. It is assumed that k-monopolists adjust their out-put levels according to the usual gradient process, while l-monopolists approximate the marginal pro t with a two-point nite difference formula. Discrete and continuous time scales are examined. A single-delay model is considered for k-monopolists, however for l-monopolists a two-delay model is constructed. In the discrete case the stability condition is the same for the two models and requires a sufficiently small speed of adjustments. However, there are di¤erences in the two dynamics. In the continuous case the discrete models are transformed into continuous models via Berezowski transformation. In the one delay case the critical values of the delays are computed and the directions of stability swiching determined. In the two-delay case the stability switching curves are analytically found and the directions of stability switchings are characterized by computing the stability index for each point of the curves. The analytical results are veri ed and illustrated via numerical studies, when sensitivity analysis is performed showing that an increase in the adjustment coefficient shrinks the stability region, while it is extended by increasing the inertia coefficient. |
|||||||||
書誌情報 |
経済研究所 Discussion Paper en : IERCU Discussion Paper 巻 342, 発行日 2021-01-29 |
|||||||||
出版者 | ||||||||||
出版者 | 中央大学経済研究所 | |||||||||
権利 | ||||||||||
権利情報 | 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。 | |||||||||
フォーマット | ||||||||||
内容記述タイプ | Other | |||||||||
内容記述 | application/pdf | |||||||||
著者版フラグ | ||||||||||
出版タイプ | VoR | |||||||||
出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 |