Some features of application the delayed feedback controlmethod to Cournot-Puu duopoly model
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Date
2013
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Publisher
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.