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Induced price leadership and (counter-)spying rivals' play under incomplete information

Fan, Cuihong; Chŏn, Pyŏng-hŏn; Wolfstetter, Elmar - 2019

We analyze spying out a rival's price in a Bertrand market game with incomplete information. Spying transforms a simultaneous into a robust sequential moves game. We provide conditions for profitable espionage. The spied at firm may attempt to immunize against spying by delaying its pricing...

Persistent link: https://www.econbiz.de/10011962353

A game-theoretic model of strategic interaction using advertising : simulating the evolution of the Cournot Nash equilibrium under different competitive scenarios

Brady, Malcolm - In: Games 12 (2021) 4, pp. 1-16

This paper examines the behaviour of two firms competing in a duopoly, where firms can influence demand through use of …. The results show that there exist threshold levels of advertising effectiveness at which duopoly behaviour bifurcates …

Persistent link: https://www.econbiz.de/10012698096

Endogenizing the cost parameter in Cournot oligopoly

Leonardos, Stefanos; Melolidakis, Costis - In: International game theory review 22 (2020) 2, pp. 1-41

Persistent link: https://www.econbiz.de/10012582463

Stackelberg social equilibrium in water markets

Houba, Harold; Tomori, Françeska - In: Games 14 (2023) 4, pp. 1-9

applying social equilibrium. In an example of a duopoly water market, we argue that the lack of backward induction logic … social equilibrium in duopoly water markets with an upstream-downstream river structure and derive it in the example of a … duopoly market. …

Persistent link: https://www.econbiz.de/10014426327