Citation
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
Abstract
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.
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Official URL or Download Paper: http://www.pertanika.upm.edu.my/Pertanika%20PAPERS...
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Additional Metadata
| Item Type: | Article |
|---|---|
| Call Number: | P92 M3C112 |
| Divisions: | Faculty of Science Institute for Mathematical Research |
| Publisher: | Universiti Putra Malaysia Press |
| Keywords: | Evasion game; Optimal strategy; Duopoly competition; Bertrand and Cournoteconomic models |
| Depositing User: | Mohd Hafiz Che Mahasan |
| Date Deposited: | 02 Dec 2015 01:39 |
| Last Modified: | 02 Dec 2015 01:39 |
| URI: | http://psasir.upm.edu.my/id/eprint/39769 |
| Statistic Details: | View Download Statistic |
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