DocumentCode
2670971
Title
Analysis on Betrand model of oligopoly market
Author
Hong-yan, Shi ; Zhen, Xu ; Zhongju, Chen
Author_Institution
Sch. of Sci., Shenyang Univ. of Technol., Shenyang, China
fYear
2010
fDate
17-19 Sept. 2010
Firstpage
860
Lastpage
864
Abstract
To analyse the pricing strategy of oligopoly market more accurately and more perfectly, analysis on Betrand model of complete information and dynamic decision, Betrand complete information model of multi-oligopolies market, and Betrand incomplete information model of multi-oligopolies market are put forward through analysing the domestic oligopoly market and researching traditional Bertrand model deeply. And the Nash equilibrium of these new models is deduced. These provide more perfect analysis methods for the prices´ competition of the market environment for the new period.
Keywords
marketing; oligopoly; pricing; Betrand model; Nash equilibrium; incomplete information model; oligopoly market; pricing; Analytical models; Biological system modeling; Games; Lead; Monopoly; Nash equilibrium; Oligopoly; Betrand model; dynamic decision; incomplete information; oligopoly market;
fLanguage
English
Publisher
ieee
Conference_Titel
Information and Financial Engineering (ICIFE), 2010 2nd IEEE International Conference on
Conference_Location
Chongqing
Print_ISBN
978-1-4244-6927-7
Type
conf
DOI
10.1109/ICIFE.2010.5609489
Filename
5609489
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