Multidimensional Game of Cournot-Bertrand Model with Incomplete Information and Its Analysis

被引:3
|
作者
Xiang Xiaodong [1 ]
Cao Bing [1 ]
机构
[1] Fuzhou Univ, Sch Management, Fuzhou 350002, Peoples R China
关键词
multidimensional game; incomplete information; output; price;
D O I
10.1016/j.proeng.2012.01.061
中图分类号
TH [机械、仪表工业];
学科分类号
0802 ;
摘要
According to the theory of multidimensional game, the paper studies the two-dimensional game of Cournot-Bertrand model with incomplete information and its equilibrium, when the two companies have some of the old and the new alternative products. It shows that for the new and old products have no substitute, the one-dimensional static game of Cournot and Bertrand model is a special case of the two-dimensional static game model. Also, it comes to the conclusion that the equilibrium of two-dimensional static game is better than that of one-dimensional static game of Cournot and Bertrand model. (C) 2011 Published by Elsevier Ltd. Selection and/or peer-review under responsibility of Harbin University of Science and Technology
引用
收藏
页码:895 / 902
页数:8
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