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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

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

Evaluation of Stackelberg leader-follower interaction between policymakers in small open economies

Tetik, Metin; Ceylan, Reşat - In: Mokslo darbai / Vilniaus Universitetas 100 (2021) 2, pp. 101-132

The problem of coordination between policymakers seems to have created fundamental problems related to economic and social costs, targeted inflation, potential growth, and a high budget deficit. To resolve these problems in this framework, it is important to see the results of the interaction...

Persistent link: https://www.econbiz.de/10012887985

Simulation of the Stackelberg-Hotelling game

Garcia-Perez, Luis; Grau-Climent, Juan; Losada, Juan C.; … - In: Games 15 (2024) 5, pp. 1-25

This work studies the Hotelling game with sequential choice of prices, that is, the Stackelberg-Hotelling (SHOT) game. The game is studied through numerical simulation, which provides the subgame perfect equilibrium solution not only in the unrestricted game but also in the game with reservation...

Persistent link: https://www.econbiz.de/10015271373

Food quality competition among companies and government food safety supervision under asymmetric product substitution

Shen, Ningzhou; Song, Yinghua; Liu, Dan; … - In: Amfiteatru economic : an economic and business research … 23 (2021) 56, pp. 221-239

constraints, a Cournot model with differential product substitution was constructed by using game theory, and the effects of …

Persistent link: https://www.econbiz.de/10012821282

Construction of equilibria in strategic Stackelberg games in multi-period supply chain contracts

Gholami, Reza Azad; Sandal, Leif K.; Ubøe, Jan - In: Games 13 (2022) 6, pp. 1-26

Almost every supplier faces uncertain and time-varying demand. E-commerce and online shopping have given suppliers unprecedented access to data on customers' behavior, which sheds light on demand uncertainty. The main purpose of this research project is to provide an analytic tool for...

Persistent link: https://www.econbiz.de/10014418087

Conflict and corporate social responsibility in duopoly

Vrankić, Ilko - In: Business systems research : a system view accross … 13 (2022) 3, pp. 36-46

interprets social responsibility as a means of power to increase firms' market share in a duopoly. Objectives: This paper … analyses the duopoly model in which firms decide on optimal social investments and production in two phases. The basic research …. Game theory, optimization, and comparative statics are used in the analysis. Results: The conditions of equilibrium …

Persistent link: https://www.econbiz.de/10013542205

Vulnerability and defence : a case for Stackelberg game dynamics

Iqbal, Azhar; Honhaga, Ishan; Teffera, Eyoel; Perry, Anthony - In: Games 15 (2024) 5, pp. 1-13

This paper examines the tactical interaction between drones and tanks in modern warfare through game theory …

Persistent link: https://www.econbiz.de/10015271381

Computing Stackelberg equilibrium for cancer treatment

Ganzfried, Sam - In: Games 15 (2024) 6, pp. 1-7

Recent work by Kleshnina et al. has presented a Stackelberg evolutionary game model in which the Stackelberg equilibrium strategy for the leading player corresponds to the optimal cancer treatment. We present an approach that is able to quickly and accurately solve the model presented in that work.

Persistent link: https://www.econbiz.de/10015271415

Bayesian fictitious play in oligopoly : the case of risk-averse agents

Yazar, Julide - In: Games 15 (2024) 6, pp. 1-15

A number of learning models have been suggested to analyze the repeated interaction of boundedly rational agents competing in oligopolistic markets. The agents form a model of the environment that they are competing in, which includes the market demand and price formation process, as well as...

Persistent link: https://www.econbiz.de/10015271474