-In models of imperfect competition of deregulated electricity markets, the key task is to find the Nash equilibrium (NE). The approaches for finding the NE have had two major bottlenecks: computation of mixed strategy equilibrium and treatment of multi-player games. This paper proposes a payoff matrix approach that resolves these bottlenecks. The proposed method can efficiently find a mixed st...

Abstract Bertrand–Edgeworth competition has recently been analyzed under imperfect buyer mobility, as a game in which, once prices are chosen, static subgame (BS) is played where the buyers choose which seller to visit (see, e.g., Burdett et al. J Political Econ 109:1060–1085, 2001). Our paper considers symmetric duopoly two play two-stage BS of information after price setting. An “assessment e...

This paper analyses the effects of peak load pricing on welfare. It introduces a model with three firms, two airlines and one airport, in a two-stage game that solves the airlines duopoly problem in a Bertrand game and the airport’s profit maximisation. Conclusions are different from others in precedent works, which stresses the importance of putting all firms together in the game. Mainly, resu...

This paper investigates the competition problem between electric vehicle charging and parking desks for different owners using a non-cooperative Bertrand game. There is growing attention on vehicles from both policy makers public service provider, as well owners. The interaction entities forms (game), especially multi-type facilities. Most of existing studies platforms are about optimization pl...

Price war, as an important factor in undercutting competitors and attracting customers, has spurred considerable work that analyzes such conflict situation. However, in most of these studies, quality of service (QoS), as an important decision-making criterion, has been neglected. Furthermore, with the rise of service-oriented architectures, where players may offer different levels of QoS for di...

This paper establishes the Cournot-Bertrand duopoly game models with bounded rationality expectations under assumption that players are fair-minded agents who may adopt delay decision. The existence and local stability of equilibrium points investigated. effects key parameters on long-term dynamical evolution process investigated by numerical simulation. Furthermore, performance is examined usi...