Dynamics and Stability Analysis of a Stackelberg Mixed Duopoly Game with Price Competition in Insurance Market

<div>Phase portraits for Figure <a href="../fig2/">2</a> with various values of <span class="nowrap"><svg height="12.4698pt" id="M312" style="vertical-align:-3.18147pt" version="1.1" viewbox="-0.0498162 -9.28833 11.5443 12.4698" width="11.5443pt" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"><g transform="matrix(.013,0,0,-0.013,0,0)"><path d="M480 416C480 431 465 448 438 448C388 448 312 383 252 330C217 299 188 273 155 237H153L257 680C262 700 263 712 253 712C240 712 183 684 97 674L92 648L126 647C166 646 172 645 163 606L23 -6L29 -12C51 -5 77 2 107 8C115 62 130 128 142 180C153 193 179 220 204 241C231 170 259 106 288 54C317 0 336 -12 358 -12C381 -12 423 2 477 80L460 100C434 74 408 54 398 54C385 54 374 65 351 107C326 154 282 241 263 299C296 332 351 377 403 377C424 377 436 372 445 368C449 366 456 368 462 375C472 386 480 402 480 416Z"></path></g><g transform="matrix(.0091,0,0,-0.0091,6.474,3.132)"><path d="M389 0V32C297 38 291 46 291 118V635C234 613 175 595 109 583V556L161 554C203 552 207 547 207 497V118C207 46 201 38 110 32V0H389Z"></path></g></svg>.</span></div>

Discrete Dynamics in Nature and Society

fig3

Figure 3

Figure 3: Dynamics and Stability Analysis of a Stackelberg Mixed Duopoly Game with Price Competition in Insurance Market 