Bifurcation Analysis of a Duopoly Game with R&D Spillover, Price Competition and Time Delays
Keyword(s):
Set Up
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The aim of this study is to analyse a discrete-time two-stage game with R&D competition by considering a continuous-time set-up with fixed delays. The model is represented in the form of delay differential equations. The stability of all the equilibrium points is studied. It is found that the model exhibits very complex dynamical behaviours, and its Nash equilibrium is destabilised via Hopf bifurcations.
2020 ◽
Vol 30
(11)
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pp. 2050218
2002 ◽
Vol 30
(6)
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pp. 339-351
2017 ◽
Vol 27
(09)
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pp. 1750133
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1996 ◽
Vol 22
(1-3)
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pp. 237-250
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2019 ◽
Vol 9
(2)
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pp. 125-131
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2019 ◽
Vol 359
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pp. 294-307
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