The Evolution of Price Competition Game on Complex Networks
The well-known “Bertrand paradox” describes a price competition game in which two competing firms reach an outcome where both charge a price equal to the marginal cost. The fact that the Bertrand paradox often goes against empirical evidences has intrigued many researchers. In this work, we study th...
Main Authors: | Feng Jie Xie, Jing Shi |
---|---|
Format: | Article |
Language: | English |
Published: |
Hindawi-Wiley
2018-01-01
|
Series: | Complexity |
Online Access: | http://dx.doi.org/10.1155/2018/9649863 |
Similar Items
-
Complex Dynamics of Mixed Triopoly Game with Quantity and Price Competition
by: Jing Wang, et al.
Published: (2021-01-01) -
The Spectrum Sharing in Cognitive Radio Networks Based on Competitive Price Game
by: Y. B. Li, et al.
Published: (2012-09-01) -
CONCEPTUAL EVOLUTION OF PRICES AND COMPETITION
by: CECILIA VĂDUVA
Published: (2021-02-01) -
The Equilibrium Price in the Cooperative and Competitive Supply Chain Games
by: Hong-Wei Shih, et al.
Published: (2008) -
Network Compatibility and Price Competition
by: Ya-Ju Teng, et al.
Published: (2011)