Some features of application the delayed feedback controlmethod to Cournot-Puu duopoly model

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2013

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Національний університет "Львівська політехніка"

Abstract

The Cournot-Puu duopoly model is considered. Delayed feedback control method (DFC-method) is applied to this model. The dependence of rate coming of the system at Cournot equilibrium on the feedback coefficient K choice is shown. The optimal value of this coefficient is defined. The dependence of rate coming of the system at Cournot equilibrium on parameter cr (the ratio of marginal cost firms) is set. The application of DFC-method with two control laws to duopoly model is considered.

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Keywords

Cournot-Puu duopoly model, Cournot equilibrium, chaos, stability, delayed feedback control method (DFC-method)

Citation

Iwaszczuk N. Some features of application the delayed feedback controlmethod to Cournot-Puu duopoly model / N. Iwaszczuk, I. Kavalets // Econtechmod : an international quarterly journal on economics in technology, new technologies and modelling processes. – Lublin ; Rzeszow, 2013. – Volum 2, number 4. – P. 29–37. – Bibliography: 30 titles.

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