Similar Search Results

The robustness of a Nash equilibrium simulation model: Game-theoretic approach using variable metric projection method

Aiyoshi, Eitaro; Maki, Atsushi; Okamoto, Takashi - In: Mathematics and Computers in Simulation (MATCOM) 81 (2011) 7, pp. 1518-1526

oligopoly markets. The robustness of the proposed simple Nash equilibrium model under the simultaneous constraints of allocation … firms in oligopoly markets is tested by changing profit and cost function parameters, as well as the initial production … facilitates the understanding of the robustness of attaining equilibrium in an oligopoly market. …

Persistent link: https://www.econbiz.de/10010870039

A Nash equilibrium solution in an oligopoly market: The search for Nash equilibrium solutions with replicator equations derived from the gradient dynamics of a simplex algorithm

Aiyoshi, Eitaro; Maki, Atsushi - In: Mathematics and Computers in Simulation (MATCOM) 79 (2009) 9, pp. 2724-2732

The present analysis applies continuous time replicator dynamics to the analysis of oligopoly markets. In the present … understanding the process of attaining equilibrium in an oligopoly market. …

Persistent link: https://www.econbiz.de/10010748499

Cournot games with linear regression expectations in oligopolistic markets

Kamalinejad, Howra; Majd, Vahid Johari; Kebriaei, Hamed; … - In: Mathematics and Computers in Simulation (MATCOM) 80 (2010) 9, pp. 1874-1885

In this paper, a Cournot game in an oligopolistic market with incomplete information is considered. The market consists of some producers that compete for getting higher payoffs. For optimal decision making, each player needs to estimate its rivals’ behaviors. This estimation is carried out...

Persistent link: https://www.econbiz.de/10010870753

An airline revenue management pricing game with seat allocation

Raza, Asif Syed; Akgunduz, Ali - In: International Journal of Revenue Management 2 (2008) 1, pp. 42-62

This paper studies a horizontal fare-pricing competition between two airlines having a single flight leg. Two distinct scenarios are considered. First, the two airlines price competition for the pre-committed booking limits is analysed. The problem is studied under deterministic price sensitive...

Persistent link: https://www.econbiz.de/10008539542

An airline revenue management pricing game with seat allocation

Raza, Asif Syed; Akgunduz, Ali - In: International Journal of Revenue Management 2 (2008) 1, pp. 42-62

Persistent link: https://www.econbiz.de/10005751543

On a game in manufacturing

Baston, V. J.; Garnaev, A. Y. - In: Computational Statistics 52 (2000) 2, pp. 237-249

We analyse a non-zero sum two-person game introduced by Teraoka and Yamada to model the strategic aspects of production development in manufacturing. In particular we investigate how sensitive their solution concept (Nash equilibrium) is to small variations in their assumptions. It is proved...

Persistent link: https://www.econbiz.de/10010759593