Dynamic complexity in a discretized fractional-order Cournot duopoly model using piecewise constant argument method
摘要
In this study, we investigate a discretized fractional-order Cournot duopoly model. To discretize the model, the piecewise constant argument approach is applied. We study the existence and the stability at fixed points of the discretized fractional-order Cournot duopoly model. In addition, we fully investigate the existence and direction of period-doubling and Neimark–Sacker bifurcations at the positive fixed point using center manifold and bifurcation theory. We apply feedback control and hybrid control techniques to reduce chaos and bifurcation. Numerical examples confirm our theoretical results and reveal the model’s complex dynamics. Notably, we demonstrate that increasing the speed adjustment parameter