Bayesian Nash equilibrium in price competition under multinomial logit demand

DOI10.1016/J.EJOR.2025.02.019MaRDI QIDQ6981418zbMATH OpenFDO

Authors Jian Liu, Hailin Sun, Huifu Xu

Publication date 20 May 2025

Published in European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/J.EJOR.2025.02.019

zbMATH Keywords

generalized Bayesian Nash equilibriummultinomial logit demandprogressive hedging methodstochastic variational inequality

Mathematics Subject Classification ID

Stochastic programming (90C15) Complementarity and equilibrium problems and variational inequalities (finite dimensions) (aspects of mathematical programming) (90C33) Games with incomplete information, Bayesian games (91A27) Microeconomic theory (price theory and economic markets) (91B24)

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Cited in

(2)

• Extended warranty pricing in a competitive aftermarket under logit demand
• Generalized Bayesian Nash equilibrium with continuous type and action spaces

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