New Analyses of Duopoly Game with Output Lower Limiters

Figure 1

Partial numerical simulation of the system (6). (a) The bifurcation diagram of the evolution of output. (b) The bifurcation diagram of the evolution of after-tax profit. (c) The strange attractor. (d) The stable region of Nash equilibrium of duopoly game in the phase plane of speed of adjustment.

(a)

(b)

(c)

(d)