Describing the Dynamics and Complexity of Matsumoto-Nonaka's Duopoly Model
Figure 21
For and , we show the average profits of firms 1 (blue) and 2 (red) with initial conditions , . We also show the profit at the Cournot points for firms 1 (dashed and blue) and 2 (dashed and red). The first figure (a) shows in the axis the parameter , and the second one (b) with is a zoom of the first one.