Pricing in population games with semi-rational agents

نویسندگان

  • Hamed Ghasemieh
  • Mohammad Ghodsi
  • Hamid Mahini
  • Mohammad Ali Safari
چکیده

We consider a pricing game in which two competing sellers offer two similar products on a social network among agents (communities). Each agent chooses, in an iterative manner, between the two products depending on what his neighbours do. This introduces two separate games; one between the agents and one between the two sellers. We show that the first game is a full potential game and provide a polynomial time algorithm to compute where the game converges to. We also study various properties of the second games such as its equilibrium points and its convergence.

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عنوان ژورنال:
  • Oper. Res. Lett.

دوره 41  شماره 

صفحات  -

تاریخ انتشار 2013