Analytic solutions of nonlinear Cournot duopoly game.
For nonlinear difference equations, it is difficult to obtain analytic solutions, especially when all the eigenvalues of the equation are of absolute value 1. We consider a second order nonlinear difference equation which can be transformed into the following simultaneous system of nonlinear difference equations: ⎧ x(t+1) = X(x(t),y(t)) ⎨ ⎩ y(t+1) = Y(x(t), y(t)) where , satisfy some conditions. For these equations, we have obtained analytic solutions in the cases "|λ₁| ≠ 1 or |λ₂| ≠ 1" or "μ...
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