An evasion game model for duopoly competition
Based on the Bertrand and Cournot economic models, we develop an evasion game model for a duopoly market with two players competing on price and quantity. We show that if the total financial strength of first mover is greater than that of the second mover, and the first mover observes the second mov...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Universiti Putra Malaysia Press
2013
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| Online Access: | http://psasir.upm.edu.my/id/eprint/39769/1/82.%20An%20Evasion%20Game%20Model%20for%20Duopoly%20Competition.pdf |
| _version_ | 1796973605214486528 |
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| author | Eslaminosratabadi, H. Salimi, M. Ibragimov, Gafurjan Ismailovich Amini, M. |
| author_facet | Eslaminosratabadi, H. Salimi, M. Ibragimov, Gafurjan Ismailovich Amini, M. |
| author_sort | Eslaminosratabadi, H. |
| collection | UPM |
| description | Based on the Bertrand and Cournot economic models, we develop an evasion game model for a duopoly market with two players competing on price and quantity. We show that if the total financial strength of first mover is greater than that of the second mover, and the first mover observes the second mover perfectly, our proposed optimal strategy can be followed by the first mover to remain the market leader ahead of all competition. |
| first_indexed | 2024-03-06T08:45:06Z |
| format | Article |
| id | upm.eprints-39769 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:45:06Z |
| publishDate | 2013 |
| publisher | Universiti Putra Malaysia Press |
| record_format | dspace |
| spelling | upm.eprints-397692015-12-02T01:39:53Z http://psasir.upm.edu.my/id/eprint/39769/ An evasion game model for duopoly competition Eslaminosratabadi, H. Salimi, M. Ibragimov, Gafurjan Ismailovich Amini, M. Based on the Bertrand and Cournot economic models, we develop an evasion game model for a duopoly market with two players competing on price and quantity. We show that if the total financial strength of first mover is greater than that of the second mover, and the first mover observes the second mover perfectly, our proposed optimal strategy can be followed by the first mover to remain the market leader ahead of all competition. Universiti Putra Malaysia Press 2013-09 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/39769/1/82.%20An%20Evasion%20Game%20Model%20for%20Duopoly%20Competition.pdf Eslaminosratabadi, H. and Salimi, M. and Ibragimov, Gafurjan Ismailovich and Amini, M. (2013) An evasion game model for duopoly competition. Pertanika Journal of Social Sciences & Humanities, 21 (3). pp. 1083-1091. ISSN 0128-7702; ESSN: 2231-8534 http://www.pertanika.upm.edu.my/Pertanika%20PAPERS/JSSH%20Vol.%2021%20(3)%20Sep.%202013/14%20Page%201083-1092.pdf |
| spellingShingle | Eslaminosratabadi, H. Salimi, M. Ibragimov, Gafurjan Ismailovich Amini, M. An evasion game model for duopoly competition |
| title | An evasion game model for duopoly competition |
| title_full | An evasion game model for duopoly competition |
| title_fullStr | An evasion game model for duopoly competition |
| title_full_unstemmed | An evasion game model for duopoly competition |
| title_short | An evasion game model for duopoly competition |
| title_sort | evasion game model for duopoly competition |
| url | http://psasir.upm.edu.my/id/eprint/39769/1/82.%20An%20Evasion%20Game%20Model%20for%20Duopoly%20Competition.pdf |
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