ABSTRACT
Note that the model has a particular form, it is a so-called triangular map which is the class of maps in which one dynamic variable is independent on the other, that is of the type
Nash Equilibrium and its Local Stability of System (2.3) A Nash equilibrium, named after John Nash, is a solution concept of a game involving two or more players, such that no player has incentive to unilaterally change his or her action. In other words, players are in equilibrium if a change in strategies by any one of them would lead that he(she) to earn less than if he(she) remained with his(her) current strategy.
