Abstract:A dynamic oligopoly game model with nonlinear cost and strategic delegation is built on the basis of isoelastic demand in this paper. And the dynamic characteristics of this game model are investigated. The local stability of the boundary equilibrium points is analyzed by means of the stability theory and Jacobian matrix, and the stability region of the Nash equilibrium point is obtained by Jury criterion. It is concluded that the system may lose stability through Flip bifurcation and Neimark–Sacker bifurcatio… Show more
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