Geodesic
Altruistic (Berge) equilibrium in the model of Bertrand duopoly
Vestnik Udmurtskogo universiteta. Matematika, mehanika, kompʹûternye nauki, Tome 26 (2016) no. 1, pp. 27-45

Voir la notice de l'article provenant de la source Math-Net.Ru

In 1883 the French mathematician J. Bertrand (1822–1900) constructed the model of price competition on oligopoly market in which firms compete between themselves changing the price of goods. The mathematical model of Bertrand duopoly is represented by a non-cooperative game of two persons in normal form. Two equilibriums are formalized for it: Berge equilibrium (BE) and Nash equilibrium (NE). It is assumed that a) maximal price and cost price of both players coincide (it's naturally for the market of one product); b) the coalition of two players is prohibited (this is non-cooperative character of the game); c) the price is higher than the cost price for otherwise the sellers (players) would hardly appear on the market. In the present article for almost all values of parameters of the model (except the measure-null) the constructive method of the choice of concrete equilibrium (BE or NE) depending on the maximal price of the product established in the market is suggested.
Keywords: non-cooperative game, Nash equilibrium, Berge equilibrium, model of Bertrand duopoly. 
@article{VUU_2016_26_1_a2,
     author = {Yu. A. Bel'skikh and V. I. Zhukovskii and S. P. Samsonov},
     title = {Altruistic {(Berge)} equilibrium in the model of {Bertrand} duopoly},
     journal = {Vestnik Udmurtskogo universiteta. Matematika, mehanika, kompʹ\^uternye nauki},
     pages = {27--45},
     publisher = {mathdoc},
     volume = {26},
     number = {1},
     year = {2016},
     language = {ru},
     url = {http://geodesic.mathdoc.fr/item/VUU_2016_26_1_a2/}
}
TY  - JOUR
AU  - Yu. A. Bel'skikh
AU  - V. I. Zhukovskii
AU  - S. P. Samsonov
TI  - Altruistic (Berge) equilibrium in the model of Bertrand duopoly
JO  - Vestnik Udmurtskogo universiteta. Matematika, mehanika, kompʹûternye nauki
PY  - 2016
SP  - 27
EP  - 45
VL  - 26
IS  - 1
PB  - mathdoc
UR  - http://geodesic.mathdoc.fr/item/VUU_2016_26_1_a2/
LA  - ru
ID  - VUU_2016_26_1_a2
ER  - 
%0 Journal Article
%A Yu. A. Bel'skikh
%A V. I. Zhukovskii
%A S. P. Samsonov
%T Altruistic (Berge) equilibrium in the model of Bertrand duopoly
%J Vestnik Udmurtskogo universiteta. Matematika, mehanika, kompʹûternye nauki
%D 2016
%P 27-45
%V 26
%N 1
%I mathdoc
%U http://geodesic.mathdoc.fr/item/VUU_2016_26_1_a2/
%G ru
%F VUU_2016_26_1_a2
Yu. A. Bel'skikh; V. I. Zhukovskii; S. P. Samsonov. Altruistic (Berge) equilibrium in the model of Bertrand duopoly. Vestnik Udmurtskogo universiteta. Matematika, mehanika, kompʹûternye nauki, Tome 26 (2016) no. 1, pp. 27-45. http://geodesic.mathdoc.fr/item/VUU_2016_26_1_a2/