A Hotelling-Type Network

• Tipo: Artigo em Livro de Atas de Conferência Internacional
• Data: 2011

Autores

Alberto A. Pinto (Autor) FCUP; Parreira, T (Autor) Outra

Ata de Conferência Internacional

Título: DYNAMICS, GAMES AND SCIENCE I

Páginas: 709-720

International Conference on Dynamical Systems and Game Theory in Honor of Mauricio Peixoto and David Rand

Univ Minho, Braga, PORTUGAL, SEP 08-12, 2008

Indexação

ISI Web of Knowledge - 4 Citações

Scopus - 7 Citações

Outras Informações

ID Authenticus: P-00K-A43

DOI: 10.1007/978-3-642-11456-4_45

Abstract (EN): 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 a 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.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 12