Ahmed, E.; Agiza, H. N.; Hassan, S. Z. On modifications of Puu’s dynamical duopoly. (English) Zbl 0955.91045 Chaos Solitons Fractals 11, No. 7, 1025-1028 (2000). Summary: Puu’s economic dynamical model is extended to the following cases: Bounded rationality, differentiated goods and bounded rationality with delay. It is shown that delay increases stability. Hence firms using bounded rationality with delay have a higher chance of reaching Nash equilibrium. Stability and instability (cycles and chaos) conditions for all these cases are determined. Cited in 46 Documents MSC: 91B54 Special types of economic markets (including Cournot, Bertrand) 91B52 Special types of economic equilibria Keywords:bounded rationality; Puu’s economic dynamical model; differentiated goods; Nash equilibrium PDF BibTeX XML Cite \textit{E. Ahmed} et al., Chaos Solitons Fractals 11, No. 7, 1025--1028 (2000; Zbl 0955.91045) Full Text: DOI References: This reference list is based on information provided by the publisher or from digital mathematics libraries. Its items are heuristically matched to zbMATH identifiers and may contain data conversion errors. It attempts to reflect the references listed in the original paper as accurately as possible without claiming the completeness or perfect precision of the matching.