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

DOI10.1016/J.CNSNS.2015.06.004zbMATH Open1489.91149OpenAlexW746781411MaRDI QIDQ2198552FDOQ2198552

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

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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)

Cites Work

• On Cournot-Bertrand competition with differentiated products
• Title not available (Why is that?)
• On the stability of quadratic dynamics in discrete time \(n\)-player Cournot games
• Nonlinear dynamics in a Cournot duopoly with different attitudes towards strategic uncertainty
• The parameter basin and complex of dynamic game with estimation and two-stage consideration
• The Value of Information Sharing in a Two-Level Supply Chain
• Impact of information sharing and lead time on bullwhip effect and on-hand inventory
• Complexity analysis of dual-channel game model with different managers' business objectives
• Endogenous fluctuations under evolutionary pressure in Cournot competition
• Title not available (Why is that?)
• Complexity of repeated game model in electric power triopoly
• Studying basin bifurcations in nonlinear triopoly games by using 3D visualization.

Cited In (11)

• Dynamics and implications on a cooperative advertising model in the supply chain
• Complexity of a two-stage R\&D game within a cluster supply chain considering vertical R\&D spillovers, effective information, and government subsidies
• 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
• Global Dynamics and Synchronization in a Duopoly Game with Bounded Rationality and Consumer Surplus
• Impact of information advantage on dynamics of duopolistic competition under nonlinear demand
• Equilibrium selection of a homogenous duopoly with extrapolative foresight
• Cooperative innovation in the medical supply chain based on user feedback
• Complexity dynamic character analysis of retailers based on the share of stochastic demand and service
• Spying in Bertrand markets under incomplete information: who benefits and is it stable?

Uses Software

• DMC

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