General equilibrium of Bertrand game: A spatial computational approach

General equilibrium of Bertrand game: A spatial computational approach

In this paper, the competitive equilibrium of the Bertrand game is discussed with bounded rationality and the utility function. When the parameters changing and the number of firms increasing, the competitive equilibrium valve of Bertrand duopoly game is gradually being blurred. When the number of c...

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Bibliographic Details
Main Authors: Bingyuan Gao, Yaxin Zheng, Jieyu Huang
Format: Article
Language:English
Published: AIMS Press 2021-07-01
Series:AIMS Mathematics
Subjects:
chaotic district
celestial bodies motion
equilibrium points
spatial agglomeration
mean value theorem
Online Access:https://aimspress.com/article/doi/10.3934/math.2021582?viewType=HTML

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https://aimspress.com/article/doi/10.3934/math.2021582?viewType=HTML

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