Generic Model of Duopoly Competition in the Automative Industry

P. Size; K. Lawler; Erik Mosekilde; A. Moscardini; M. Ahmad; J. French

Generic Model of Duopoly Competition in the Automative Industry

P. Size, K. Lawler, Erik Mosekilde, A. Moscardini, M. Ahmad, J. French

Department of Physics

Research output: Chapter in Book/Report/Conference proceeding › Book chapter › Research › peer-review

Abstract

The paper considers a variety of dynamical phenomena that can arise from the competition between two car producing companies, competing with respect to the quality of their products. The delay associated with customer's reaction to the perceived car quality allows each subsystem to develop an oscillatory response, and the total system exhibits cascades of bifurcations leading to deterministic chaos in certain circumstances.

Original language	English
Title of host publication	proceedings paper # 19
Publication date	1997
Publication status	Published - 1997
Event	Manufacturing System Design '97 Congress, May 15-16 - Magdeburg, Germany Duration: 1 Jan 1997 → …

Conference

Conference	Manufacturing System Design '97 Congress, May 15-16
City	Magdeburg, Germany
Period	01/01/1997 → …

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title = "Generic Model of Duopoly Competition in the Automative Industry",

abstract = "The paper considers a variety of dynamical phenomena that can arise from the competition between two car producing companies, competing with respect to the quality of their products. The delay associated with customer's reaction to the perceived car quality allows each subsystem to develop an oscillatory response, and the total system exhibits cascades of bifurcations leading to deterministic chaos in certain circumstances.",

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T2 - Manufacturing System Design '97 Congress, May 15-16

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