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scientific article; zbMATH DE number 1944048
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scientific article; zbMATH DE number 1944048 |
Statements
2002
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game theory
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duopoly
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farsighted stability
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0.88257635
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0.8752594
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0.86490095
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0.86337864
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0.8607396
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0.8575083
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The paper examines the solution concepts introduced by Chwe to duopoly markets with product differentiation. The study results indicate that every Pareto efficient outcome is itself a stable set with a sequence of deviations, while the largest consistent set consists of all strategy combinations that give each firm a profit greater than or equal to the minimax payoff. For the entire collection see [Zbl 0990.00073].
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