Complex Investigations of a Piecewise-Smooth Remanufacturing Bertrand Duopoly Game
This paper considers a Bertrand competition between two firms whose decision variables are derived from a quadratic utility function. The first firm produces new products with their own prices while the second firm re-manufactures returned products and sells them in the market at prices that may be...
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Format: | Article |
Language: | English |
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MDPI AG
2021-10-01
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Series: | Mathematics |
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Online Access: | https://www.mdpi.com/2227-7390/9/20/2558 |