Nonlinear Dynamics in a Cournot Duopoly with Different Attitudes towards Strategic Uncertainty
Critical curves are represented for the parameter set: , , , , and . The blue lines and are the two branches of the set. The portion of the plane that lies between the axes and defines region ; the portion of the plane that lies between the black lines and defines region ; the portion of the plane beyond defines region . In addition, and its preimages define the quadrilateral that delimitates the (grey) region of bounded trajectories. The blue line represents points in which the market price equals zero. The white region below the line represents initial conditions with respect to which trajectories lead to the invariant axes for map .