We are presenting in this paper, game theoretic model in between two type of retailers (one is leader and other is follower) who compete the market demand with substitutable products. In this game, our part of study, consider the market demand bounded (normalized) and unbounded and correlation...

We study games with almost perfect information and an infinite time horizon. In such games, at each stage, the players simultaneously choose actions from finite action sets, knowing the actions chosen at all previous stages. The payoff of each player is a function of all actions chosen during...

Harris, Reny, and Robson (Econometrica, 1995) add a public randomization device to dynamic games with almost perfect information to ensure existence of subgame perfect equilibria (SPE). We show that when nature's moves are atomless in the original game, SPE obtained via this channel can be...