Complex dynamics and chaos control of heterogeneous quadropoly game

A. A. Elsadany, H. N. Agiza, E. M. Elabbasy

Research output: Contribution to journalArticlepeer-review

53 Scopus citations

Abstract

The dynamical system of four heterogeneous firms is derived. Existence and stability conditions of the fixed points are investigated and also complex dynamics is studied. Numerical simulations are used to illustrate the complex behaviors of the proposed dynamic game. The chaotic behavior of the game has been controlled by using feedback control method.

Original languageEnglish
Pages (from-to)11110-11118
Number of pages9
JournalApplied Mathematics and Computation
Volume219
Issue number24
DOIs
StatePublished - 2013
Externally publishedYes

Keywords

  • Chaos
  • Feedback control method
  • Heterogeneous firms
  • Nash equilibrium
  • Quadropoly

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