We consider dynamic pricing and demand learning in a duopoly, both from the perspective where the firms compete against … profitable for both firms in the duopoly, regardless of the model parameters. Next, we construct a price algorithm that learns … the fair Pareto optimal price from accumulating data if deployed by both firms in the duopoly, and prove theoretical …

This paper studies the welfare consequences of a vertical merger that raises rivals' costs when downstream competition …, that this result extends to price competition with differentiated products …

services provided by Shenzhen and Hong Kong have heterogeneity, thus apply Cournot price competition model to understand the … external competition. We find that the heterogeneity level can affect the demand of Hong Kong international port. For different … Edgeworth model and Stackelberg Leadership Model to describe the internal competition of Hong Kong international port. Based on …