Li, Ya-Lan and Song, Qi-Qing (2016) Evolution Model Analysis of Group Buying Games. British Journal of Applied Science & Technology, 13 (3). pp. 1-8. ISSN 22310843
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Official URL: https://doi.org/10.9734/BJAST/2016/22839
Abstract
This paper introduces an evolutionary game model in a mixed population. The simulation results show that competition between suppliers increases social welfare and can reveals the base price of a product in cases of some strategy profiles; however, collusion will benefit suppliers. The bounded rationality of individuals has important influence on the coexistence of suppliers.
| Item Type: | Article |
|---|---|
| Subjects: | Academics Guard > Multidisciplinary |
| Depositing User: | Unnamed user with email support@academicsguard.com |
| Date Deposited: | 01 Jun 2023 09:47 |
| Last Modified: | 07 Sep 2024 10:54 |
| URI: | http://science.oadigitallibraries.com/id/eprint/979 |
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