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This paper examines the behaviour of two firms competing in a duopoly, where firms can influence demand through use of advertising. The paper simulates the strategic interaction of the two firms based on a game-theoretic Cournot analytical model. The evolution over time of the Nash equilibrium...
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. A simulation model tests the proposed method compared to a benchmark where each machine works with fixed power. The … simulation results show how the model can improve the performance of the manufacturing system in several conditions tested. In …
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