A discontinuous model of duopoly with isoelastic demand and innovation costsCitation formats

  • Authors:
  • Fabio Lamantia
  • Mario Pezzino
  • Bruno Scardamaglia
  • Fabio Tramontana

Standard

A discontinuous model of duopoly with isoelastic demand and innovation costs. / Lamantia, Fabio ; Pezzino, Mario; Scardamaglia, Bruno ; Tramontana, Fabio .

In: Chaos, Solitons and Fractals, 15.03.2022.

Research output: Contribution to journalArticlepeer-review

Harvard

Lamantia, F, Pezzino, M, Scardamaglia, B & Tramontana, F 2022, 'A discontinuous model of duopoly with isoelastic demand and innovation costs', Chaos, Solitons and Fractals.

APA

Lamantia, F., Pezzino, M., Scardamaglia, B., & Tramontana, F. (Accepted/In press). A discontinuous model of duopoly with isoelastic demand and innovation costs. Chaos, Solitons and Fractals.

Vancouver

Lamantia F, Pezzino M, Scardamaglia B, Tramontana F. A discontinuous model of duopoly with isoelastic demand and innovation costs. Chaos, Solitons and Fractals. 2022 Mar 15.

Author

Lamantia, Fabio ; Pezzino, Mario ; Scardamaglia, Bruno ; Tramontana, Fabio . / A discontinuous model of duopoly with isoelastic demand and innovation costs. In: Chaos, Solitons and Fractals. 2022.

Bibtex

@article{33ee0e4b78694a669bc83bf10e6c61f3,
title = "A discontinuous model of duopoly with isoelastic demand and innovation costs",
abstract = "The paper studies the dynamic properties of a duopoly game in which firms strategically compete in quality-enhancing innovation investments and quantities. Market demands are assumed to be isolastic (reciprocal to the price) functions. The non-linearity of the demand functions, as already highlighted by T. Puu in [11], suggests the existence of complicated dynamics (cyclical or chaotic) in a standard dynamic Cournot duopoly. In addition to this, competition in innovation introduces the presence of discontinuities in the best response functions, expanding the set of possible equilibria (including asymmetric and multiple ones) of the standard Cournot duopoly and further enriching the dynamic features of the model.",
author = "Fabio Lamantia and Mario Pezzino and Bruno Scardamaglia and Fabio Tramontana",
year = "2022",
month = mar,
day = "15",
language = "English",
journal = "Chaos, Solitons and Fractals",
issn = "0960-0779",
publisher = "Elsevier BV",

}

RIS

TY - JOUR

T1 - A discontinuous model of duopoly with isoelastic demand and innovation costs

AU - Lamantia, Fabio

AU - Pezzino, Mario

AU - Scardamaglia, Bruno

AU - Tramontana, Fabio

PY - 2022/3/15

Y1 - 2022/3/15

N2 - The paper studies the dynamic properties of a duopoly game in which firms strategically compete in quality-enhancing innovation investments and quantities. Market demands are assumed to be isolastic (reciprocal to the price) functions. The non-linearity of the demand functions, as already highlighted by T. Puu in [11], suggests the existence of complicated dynamics (cyclical or chaotic) in a standard dynamic Cournot duopoly. In addition to this, competition in innovation introduces the presence of discontinuities in the best response functions, expanding the set of possible equilibria (including asymmetric and multiple ones) of the standard Cournot duopoly and further enriching the dynamic features of the model.

AB - The paper studies the dynamic properties of a duopoly game in which firms strategically compete in quality-enhancing innovation investments and quantities. Market demands are assumed to be isolastic (reciprocal to the price) functions. The non-linearity of the demand functions, as already highlighted by T. Puu in [11], suggests the existence of complicated dynamics (cyclical or chaotic) in a standard dynamic Cournot duopoly. In addition to this, competition in innovation introduces the presence of discontinuities in the best response functions, expanding the set of possible equilibria (including asymmetric and multiple ones) of the standard Cournot duopoly and further enriching the dynamic features of the model.

M3 - Article

JO - Chaos, Solitons and Fractals

JF - Chaos, Solitons and Fractals

SN - 0960-0779

ER -