A Bertrand Duopoly Game with Long-Memory Effects
نویسندگان
چکیده
منابع مشابه
Quantum approach to Bertrand duopoly
The aim of the paper is to study the Bertrand duopoly example in the quantum domain. We use two ways to write the game in terms of quantum theory. The first one adapts the Li-Du-Massar scheme for the Cournot duopoly. The second one is a simplified model that exploits a two qubit entangled state. In both cases we focus on finding Nash equilibria in the resulting games.
متن کاملComplexity Analysis of a Cournot-Bertrand Duopoly Game Model with Limited Information
A Cournot-Bertrand mixed duopoly game model with limited information about the market and opponent is considered, where the market has linear demand and two firms have the same fixed marginal cost. The principles of decision-making are bounded rational. One firm chooses output and the other chooses price as decision variable, with the assumption that there is a certain degree of differentiation...
متن کاملDynamic properties of a Cournot–Bertrand duopoly game with differentiated products
Article history: Accepted 19 February 2012 JEL classification: C72 D01 D43 L13
متن کاملComplex Dynamics of a Continuous Bertrand Duopoly Game Model with Two-Stage Delay
Abstract: This paper studies a continuous Bertrand duopoly game model with two-stage delay. Our aim is to investigate the influence of delay and weight on the complex dynamic characteristics of the system. We obtain the bifurcation point of the system respect to delay parameter by calculating. In addition, the dynamic properties of the system are simulated by power spectrum, attractor, bifurcat...
متن کاملQuantum Bertrand duopoly of incomplete information
We study Bertrand’s duopoly of incomplete information. It is found that the effect of quantum entanglement on the outcome of the game is dramatically changed by the uncertainty of information. In contrast with the case of complete information where the outcome increases with entanglement, when information is incomplete the outcome is maximized at some finite entanglement. As a consequence, info...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Complexity
سال: 2020
ISSN: 1076-2787,1099-0526
DOI: 10.1155/2020/2924169