Analysis of the Duopoly Game Based on Endogenous Timing
We provide a general analysis of duopoly game in endogenous timing. The Nash equilibrium outcomes are compared with Stackelberg equilibrium outcomes. The different sets of conditions are provided for yielding respectively simultaneous and sequential plays and these conditions only depend on the monotonicities of the reaction functions and the payoffs functions in rival strategic variables.
Endogenous timing Reaction function Nash equilibrium Stackelberg equilibrium
Shengli Chen Xiaohua Yang Kang Ping
School of Management , Xian University of Finance and Economics, Xian 710061 School of Management, Wuhan University of Science and Technology , Wuhan 430074
国际会议
The 22nd China Control and Decision Conference(2010年中国控制与决策会议)
徐州
英文
403-406
2010-05-26(万方平台首次上网日期,不代表论文的发表时间)