Chen, Xiaofeng and Song, Qiankun and Wu, Ailong (2021) Two-Player Location-Price Game in a Spoke Market with Linear Transportation Cost. Discrete Dynamics in Nature and Society, 2021. pp. 1-5. ISSN 1026-0226
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Official URL: https://doi.org/10.1155/2021/9971103
Abstract
This paper investigates the location game of two players in a spoke market with linear transportation cost. A spoke market model has been proposed, which is inspired by the Hotelling model and develops two-player games in price competition. Using two-stage (position and price) patterns and the backward guidance method, the existence of price and location equilibrium results for the position games is proved.
| Item Type: | Article |
|---|---|
| Subjects: | STM Repository > Multidisciplinary |
| Depositing User: | Managing Editor |
| Date Deposited: | 22 Nov 2022 05:23 |
| Last Modified: | 28 May 2024 05:00 |
| URI: | http://classical.goforpromo.com/id/eprint/2073 |
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