Rent seeking games with tax evasion

Mathematics – Dynamical Systems

Scientific paper

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8 pages, 4 figures, the paper was presented at Pannonian Applied Mathematical Meetings, 31 may-3june, 2007

Scientific paper

We consider the static and dynamic models of Cournot duopoly with tax
evasion. In the dynamic model we introduce the time delay and we analyze the
local stability of the stationary state. There is a critical value of the delay
when the Hopf bifurcation occurs.

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