Traditional oligopoly models hold that firms compete in the same strategic variable, output
(Cournot) or price (Bertrand). Alternatively, a hybrid model allows some firms to compete in …

The paper investigates a dynamic Bertrand duopoly with differentiated goods in which
boundedly rational firms apply a gradient adjustment mechanism to update their price in …

In this paper we consider a Cournot–Bertrand duopoly model with linear demand and cost
functions and with product differentiation. We propose a dynamic framework for the study of …

Under the influence of “the Belt and Road Initiative” launched by Chinese Government,
many Chinese oligopoly enterprises begin to select certain international partners and …

In this paper, a Cournot–Bertrand duopoly model with market share preference is
established. Assume that there is a degree of product difference between the two firms …

Due to frequent changes in consumer tastes, manufacturers continuously introduce new
products to meet the desires of consumers. As a result, product launching strategies and …

A Cournot-Bertrand duopoly game that is characterized as bounded rational firms is
introduced by a discrete dynamical map. The second firm in the game is characterized by …

A crowdfunding platform is a typical two-sided market, as it acts as an intermediary that
matches supply and demand sides of the platform, ie, fundraisers and investors. Making the …

This paper applies repeated game theory to tacit collusion in dynamic distribution channels
based on the grim trigger strategy. We examine competitors' choice of the strategic …

Manufacturers often face the fundamental channel structure decision, namely, whether to
sell their products directly to consumers or indirectly through an intermediary. To address …