Price Discrimination in Dynamic Cournot Competition
Subgraphs (a), (b), and (c) show the solutions of (15) with an initial value near ,, and , respectively. Subgraph (d) displays the solution of (15) with an initial value near . It can be observed that is stable and is unstable for . Subgraph titles clarify the initial points of system (15). The parameters are set as follows: , and .
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