Utilize este identificador para referenciar este registo: https://hdl.handle.net/10216/98231
Autor(es): Alberto A. Pinto
Telmo Parreira
Título: A Hotelling-Type Network
Data de publicação: 2011
Resumo: This paper develops a theoretical framework to study spatial price competition in a Hotelling-type network game. Each firm i is represented by a node of degree k i , where k i is the number of firm i's direct competitors (neighbors). We investigate price competition á la Hotelling with complete and incomplete information about the network structure. The goal is to investigate the effects of the network structure and of the uncertainty on firms' prices and profits. We first analyze the benchmark case where each firm knows its own degree as well as the rivals' degree. Then, in order to understand the role of information in the price competition network, we also analyze the incomplete information case where each firm knows its type (i.e. number of connections) but not the competitors' type.
Descrição: This paper develops a theoretical framework to study spatial price competition in a Hotelling-type network game. Each firm i is represented by a node of degree k i , where k i is the number of firm i's direct competitors (neighbors). We investigate price competition á la Hotelling with complete and incomplete information about the network structure. The goal is to investigate the effects of the network structure and of the uncertainty on firms' prices and profits. We first analyze the benchmark case where each firm knows its own degree as well as the rivals' degree. Then, in order to understand the role of information in the price competition network, we also analyze the incomplete information case where each firm knows its type (i.e. number of connections) but not the competitors' type.
Assunto: Matemática
Mathematics
Áreas do conhecimento: Ciências exactas e naturais::Matemática
Natural sciences::Mathematics
URI: https://repositorio-aberto.up.pt/handle/10216/98231
Fonte: Dynamics, Games and Science I, DYNA 2008, in Honor of Maurício Peixoto and David Rand. Springer Proceedings in Mathematics
Tipo de Documento: Capítulo ou Parte de Livro
Condições de Acesso: restrictedAccess
Aparece nas coleções:FCUP - Capítulo ou Parte de Livro

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