@article{oai:chuo-u.repo.nii.ac.jp:00006743, author = {MATSUMOTO, Akio and SZIDAROVSZKY, Ferenc}, journal = {経済研究所 Discussion Paper, IERCU Discussion Paper}, month = {Jan}, note = {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.}, title = {Delay Dynamics of a Cournot Game with Heterogenous Duopolies}, volume = {241}, year = {2015} }