scholarly journals Research on the Complex Dynamic Characteristics and RLS Estimation’s Influence Based on Price and Service Game

2015 ◽  
Vol 2015 ◽  
pp. 1-13 ◽  
Author(s):  
Junhai Ma ◽  
Zhanbing Guo

Considering that the real competitions in service market contain two important factors, price and service, we build a dynamical price and service game model and study the complex dynamics of this bivariate game. Some special properties about the adjustment of service are noted by comparing our innovative bivariate game model with previous univariate game model. Besides, we discuss the stabilities of fixed points and compare the price and service game with price game. What is more, the recursive least-squares (RLS) estimation is introduced to substitute naive estimation; then the impacts of RLS estimation are studied by comparing it with naive estimation.

2013 ◽  
Vol 2013 ◽  
pp. 1-11 ◽  
Author(s):  
Junhai Ma ◽  
Hongwu Wang

A Cournot-Bertrand mixed duopoly game model is constructed. The existence and local stable region of the Nash equilibria point are investigated. Complex dynamic properties such as bifurcation and route to chaos are analyzed using parameter basin plots. The strange attractors are also studied when the system is in chaotic states. Furthermore, considering the memory of the market, a delayed Cournot-Bertrand mixed model is considered and the results show that the delayed system has the same Nash equilibrium and has a higher chance of reaching steady states or cycles than the model without delay. So making full use of the historical data can improve the system’s stability.


2020 ◽  
Vol 2020 ◽  
pp. 1-17
Author(s):  
Liuwei Zhao

Price competition has become a universal commercial phenomenon nowadays. This paper considers a dynamic Bertrand price game model, in which enterprises have heterogeneous expectations. By the stability theory of the dynamic behavior of the Bertrand price game model, the instability of the boundary equilibrium point and the stability condition of the internal equilibrium point are obtained. Furthermore, bifurcation diagram, basin of attraction, and critical curve are introduced to investigate the dynamic behavior of this game. Numerical analysis shows that the change of model parameters in a dynamic system has a significant impact on the stability of the system and can even lead to complex dynamic behaviors in the evolution of the entire economic system. This kind of complex dynamic behavior will cause certain damage to the stability of the whole economic system, causing the market to fall into a chaotic state, which is manifested as a kind of market disorder competition, which is very unfavorable to the stability of the economic system. Therefore, the chaotic behavior of the dynamical system is controlled by time-delay feedback control and the numerical analysis shows that the effective control of the dynamical system can be unstable behavior and the rapid recovery of the market can be stable and orderly.


2017 ◽  
Vol 2017 ◽  
pp. 1-13 ◽  
Author(s):  
Hongliang Tu ◽  
Xueli Zhan ◽  
Xiaobing Mao

We study a dynamic research and development two-stage input competition game model in the Bertrand duopoly oligopoly market with spillover effects on cost reduction. We investigate the stability of the Nash equilibrium point and local stable conditions and stability region of the Nash equilibrium point by the bifurcation theory. The complex dynamic behaviors of the system are shown by numerical simulations. It is demonstrated that chaos occurs for a range of managerial policies, and the associated unpredictability is solely due to the dynamics of the interaction. We show that the straight line stabilization method is the appropriate management measure to control the chaos.


2013 ◽  
Vol 33 (9) ◽  
pp. 2643-2646 ◽  
Author(s):  
Quanzhen HUANG ◽  
Jincong YI ◽  
Hengyu LI ◽  
Xiaohua WANG

IEEE Access ◽  
2021 ◽  
pp. 1-1
Author(s):  
Darielson A. Souza ◽  
Josias G. Batista ◽  
Felipe J. S. Vasconcelos ◽  
Laurinda L. N. Dos Reis ◽  
Gabriel F. Machado ◽  
...  

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