The influence of information on the stability of a dynamic Bertrand game

DOI10.1016/J.CNSNS.2015.06.004MaRDI QIDQ2198552zbMATHOpenAlexFDO

Authors Junhai Ma, Zhanbing Guo

Publication date 10 September 2020

Published in Communications in Nonlinear Science and Numerical Simulation (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1016/j.cnsns.2015.06.004

zbMATH Keywords

informationstabilitybounded rationalitydynamic systembifurcation and chaosfeasible basin of attraction

Mathematics Subject Classification ID

Applications of game theory (91A80) Dynamical systems in optimization and economics (37N40) Economics of information (91B44) Economic dynamics (91B55)

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Cites work

• scientific article; zbMATH DE number 1507329 (Why is no real title available?)
• scientific article; zbMATH DE number 1792281 (Why is no real title available?)
• Complexity analysis of dual-channel game model with different managers' business objectives
• Complexity of repeated game model in electric power triopoly
• Endogenous fluctuations under evolutionary pressure in Cournot competition
• Impact of information sharing and lead time on bullwhip effect and on-hand inventory
• Nonlinear dynamics in a Cournot duopoly with different attitudes towards strategic uncertainty
• On Cournot-Bertrand competition with differentiated products
• On the stability of quadratic dynamics in discrete time \(n\)-player Cournot games
• Studying basin bifurcations in nonlinear triopoly games by using 3D visualization.
• The Value of Information Sharing in a Two-Level Supply Chain
• The parameter basin and complex of dynamic game with estimation and two-stage consideration

Cited in

(15)

• Spying in Bertrand markets under incomplete information: who benefits and is it stable?
• The influence of information acquisition on the complex dynamics of market competition
• The complex evolution of information quality improvement in competitive market
• Complex dynamical behavior and numerical simulation of a Cournot-Bertrand duopoly game with heterogeneous players
• The stability and duality of dynamic Cournot and Bertrand duopoly model with comprehensive preference
• Equilibrium selection of a homogenous duopoly with extrapolative foresight
• New results on stable region of Nash equilibrium of output game model
• Cooperative innovation in the medical supply chain based on user feedback
• Asymmetric information on price can affect Bertrand duopoly players with the gradient-based mechanism
• Impact of information advantage on dynamics of duopolistic competition under nonlinear demand
• Analysis of dynamic game played with inaccurate demand beliefs
• Complexity dynamic character analysis of retailers based on the share of stochastic demand and service
• Global dynamics and synchronization in a duopoly game with bounded rationality and consumer surplus
• Complexity of a two-stage R\&D game within a cluster supply chain considering vertical R\&D spillovers, effective information, and government subsidies
• Dynamics and implications on a cooperative advertising model in the supply chain

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• DMC

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