Study on the price Stackelberg game model under different competitive environment
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@Article{JICS-11-298,
author = {HongxingYao and Yuan Luo},
title = {Study on the price Stackelberg game model under different competitive environment},
journal = {Journal of Information and Computing Science},
year = {2024},
volume = {11},
number = {4},
pages = {298--311},
abstract = {The product sold in different stores may be not same price, mainly caused by diverse retailers’
situations. Meanwhile, maximizing relative interests is the businesses’ common goal. Based on the 2-2
suppliers-retailers situation, this paper researches on the market by using dynamic price Stackelberg game
model. We consider two cases, one is retailers under the win-win environment (case 1) and the other is they
under the malicious competition environment (case 2). Through analyzing and comparing the two cases, this
paper finds that the influence of different parameters on the Nash Equilibrium stable range in size is same,
while the amplitude of stable range, the prices of goods, sales as well as the businessman profit are all
different. These results will be revealed in a series of charts, including the stability diagram, bifurcation
diagram, phase plot and histogram. And the conclusions may have a certain reference value for businesses on
how to stabilize the market and which competitive measures should be taken.
},
issn = {1746-7659},
doi = {https://doi.org/},
url = {http://global-sci.org/intro/article_detail/jics/22507.html}
}
TY - JOUR
T1 - Study on the price Stackelberg game model under different competitive environment
AU - HongxingYao and Yuan Luo
JO - Journal of Information and Computing Science
VL - 4
SP - 298
EP - 311
PY - 2024
DA - 2024/01
SN - 11
DO - http://doi.org/
UR - https://global-sci.org/intro/article_detail/jics/22507.html
KW - 2-2 suppliers-retailers situation, dynamic price Stackelberg game, the stable range of Nash
Equilibrium, different competitive environment ,bifurcation diagram.
AB - The product sold in different stores may be not same price, mainly caused by diverse retailers’
situations. Meanwhile, maximizing relative interests is the businesses’ common goal. Based on the 2-2
suppliers-retailers situation, this paper researches on the market by using dynamic price Stackelberg game
model. We consider two cases, one is retailers under the win-win environment (case 1) and the other is they
under the malicious competition environment (case 2). Through analyzing and comparing the two cases, this
paper finds that the influence of different parameters on the Nash Equilibrium stable range in size is same,
while the amplitude of stable range, the prices of goods, sales as well as the businessman profit are all
different. These results will be revealed in a series of charts, including the stability diagram, bifurcation
diagram, phase plot and histogram. And the conclusions may have a certain reference value for businesses on
how to stabilize the market and which competitive measures should be taken.
HongxingYao and Yuan Luo. (2024). Study on the price Stackelberg game model under different competitive environment.
Journal of Information and Computing Science. 11 (4).
298-311.
doi:
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