English

Rent seeking games with tax evasion

Dynamical Systems 2008-12-02 v1 General Finance

Abstract

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.

Keywords

Cite

@article{arxiv.0706.0664,
  title  = {Rent seeking games with tax evasion},
  author = {O. Bundau and M. Neamtu and D. Opris},
  journal= {arXiv preprint arXiv:0706.0664},
  year   = {2008}
}

Comments

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