Copyright © 2010 Jose S. Cánovas and David López Medina. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

Abstract

The aim of this paper is to analyze a classical duopoly model introduced by Tönu Puu in 1991. For that, we compute the topological entropy of the model and characterize those parameter values with positive entropy. Although topological entropy is a measure of the dynamical complexity of the model, we will show that such complexity could not be observed.