Sunday, 6 June 2010

Wseas Transactions

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Transactions: WSEAS TRANSACTIONS ON MATHEMATICS
Transactions ID Number: 89-902
Full Name: Gabriela Mircea
Position: Associate Professor
Age: ON
Sex: Female
Address: Pestalozzi Street, nr. 16A, 300115, Timiºoara
Country: ROMANIA
Tel: +40721819803
Tel prefix: +40
Fax: +40256592500
E-mail address: gabriela.mircea@feaa.uvt.ro
Other E-mails: mrc_gabriela@yahoo.com
Title of the Paper: Stochastic, fuzzy, hybrid delayed dynamics heterogeneous competitions with product differentiation
Authors as they appear in the Paper: Mihaela Neamtu, Marilen Pirtea, Gabriela Mircea, Dumitru Opris
Email addresses of all the authors: mihaela.neamtu@feaa.uvt.ro, marilen.pirtea@feaa.uvt.ro, gabriela.mircea@feaa.uvt.ro, opris@math.uvt.ro
Number of paper pages: 11
Abstract: In this paper, we study the heterogeneous duopoly with product differentiation, in which one firm is quantity setter and the other is price setter. The deterministic and stochastic models with delay are presented and fuzzy and hybrid models, as well. For the stochastic disturbance model with delay, sufficient conditions are done so that the steady state is asymptotically stable in mean and in mean square. Using programs in Maple 13 we make some numerical simulations that verify the theoretical results.
Keywords: Delay dynamics, stochastic differential equations, heterogeneous duopoly competition, product differentiation,
EXTENSION of the file: .pdf
Special (Invited) Session: Stochastic delayed dynamics heterogeneous competitions with product differentiation
Organizer of the Session: 633-592, APPLIED ECONOMICS, BUSINESS AND DEVELOPMENT (AEBD '10)
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IP ADDRESS: 79.114.4.58