Cournot–Bertrand Duopoly Model: Dynamic Analysis Based on a Computed Cost

<div>Both <svg height="12.1671pt" id="M101" style="vertical-align:-3.4007pt" version="1.1" viewbox="-0.0498162 -8.7664 26.2202 12.1671" width="26.2202pt" 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="M495 163C480 117 462 85 444 65C421 39 387 34 332 34C290 34 256 36 236 47C218 57 213 77 213 131V526C213 612 222 616 301 622V650H40V622C122 616 128 611 128 526V126C128 41 120 34 36 28V0H489C498 31 519 126 525 157L495 163Z"></path></g><g transform="matrix(.013,0,0,-0.013,6.89,0)"><path d="M614 175C564 76 510 21 408 21C256 21 146 149 146 336C146 488 235 629 402 629C510 629 570 586 597 480L626 488C620 541 614 582 606 638C578 643 510 665 429 665C206 665 44 527 44 316C44 157 153 -15 402 -15C474 -15 558 5 586 11C604 45 629 119 643 165L614 175Z"></path></g><g transform="matrix(.0091,0,0,-0.0091,15.535,3.132)"><path d="M556 236V289H56V236H556Z"></path></g><g transform="matrix(.0091,0,0,-0.0091,21.095,3.132)"><path 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(<a href="https://static-preview.hindawi.com/articles/complexity/volume-2024/5594918/figures/#EEq10">10</a>) at the parameters values <span class="nowrap"><svg height="12.4698pt" id="M103" style="vertical-align:-3.18147pt" version="1.1" viewbox="-0.0498162 -9.28833 239.395 12.4698" width="239.395pt" 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="M483 97L471 123C436 91 401 65 392 65C388 65 384 74 390 106C414 239 444 378 457 429L455 433C444 433 429 436 416 439C392 444 368 448 344 448C281 448 204 415 152 376C71 315 23 205 23 103C23 21 57 -12 85 -12C114 -12 149 6 185 34C231 70 285 119 329 183H331L309 81C292 0 308 -12 326 -12C350 -12 421 24 483 97ZM374 387C370 363 356 291 345 261C315 193 181 50 139 50C124 50 110 71 110 118C110 224 153 331 218 379C238 394 271 402 301 402C329 402 359 394 374 387Z"></path></g><g transform="matrix(.013,0,0,-0.013,10.212,0)"><path d="M535 323V373H52V323H535ZM535 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Complexity

fig2

Figure 2

Figure 2: Cournot–Bertrand Duopoly Model: Dynamic Analysis Based on a Computed Cost 