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Simulation of the Stackelberg-Hotelling Game
Cita
Garcia Perez, Luis 
ORCID: https://orcid.org/0000-0003-0087-881X, Grau Climent, Juan ORCID: https://orcid.org/0000-0002-1018-7265, Losada González, Juan Carlos ORCID: https://orcid.org/0000-0002-4373-603X and Alonso Sanz, Ramón ORCID: https://orcid.org/0000-0002-4668-2858
(2024).
Simulation of the Stackelberg-Hotelling Game.
"Games", v. 15
(n. 5);
ISSN 2073-4336.
https://doi.org/10.3390/g15050034.
ORCID: https://orcid.org/0000-0003-0087-881X, Grau Climent, Juan ORCID: https://orcid.org/0000-0002-1018-7265, Losada González, Juan Carlos ORCID: https://orcid.org/0000-0002-4373-603X and Alonso Sanz, Ramón ORCID: https://orcid.org/0000-0002-4668-2858
(2024).
Simulation of the Stackelberg-Hotelling Game.
"Games", v. 15
(n. 5);
ISSN 2073-4336.
https://doi.org/10.3390/g15050034.
Descripción
| Título: | Simulation of the Stackelberg-Hotelling Game |
|---|---|
| Autor/es: |
|
| Tipo de Documento: | Artículo |
| Título de Revista/Publicación: | Games |
| Fecha: | 11 Octubre 2024 |
| ISSN: | 2073-4336 |
| Volumen: | 15 |
| Número: | 5 |
| Materias: | |
| ODS: | |
| Palabras Clave Informales: | Equilibrium; Game theory; Hotelling; Simulation; Stackelberg; Product differentiation; Duopoly; Pricing |
| Escuela: | E.T.S. de Ingeniería Agronómica, Alimentaria y de Biosistemas (UPM) |
| Departamento: | Ingeniería Agroforestal |
| Licencias Creative Commons: | Reconocimiento - Sin obra derivada - No comercial |
Resumen
This work studies the Hotelling game with sequential choice of prices, that is, the Stackelberg-Hotelling (SHOT) game. The game is studied through numerical simulation, which provides the subgame perfect equilibrium solution not only in the unrestricted game but also in the game with reservation cost and with elastic demand. The simulation technique is tested first in the unconstrained game, where the analytical subgame perfect equilibrium solution was already known. Then, the numerical procedure is generalized to cope with the SHOT game with reservation cost and with elastic demand. These enriched formulations of the SHOT game have not been studied so far, so this article provides an exploratory study of them.
Proyectos asociados
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Acrónimo
Responsable
Título
Gobierno de España
PID2021-122711NB-C21
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Sin especificar
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Más información
| ID de Registro: | 89186 |
|---|---|
| Identificador DC: | https://oa.upm.es/89186/ |
| Identificador OAI: | oai:oa.upm.es:89186 |
| URL Portal Científico: | https://portalcientifico.upm.es/es/ipublic/item/10265962 |
| Identificador DOI: | 10.3390/g15050034 |
| URL Oficial: | https://www.mdpi.com/2073-4336/15/5/34 |
| Depositado por: | iMarina Portal Científico |
| Depositado el: | 28 May 2025 07:43 |
| Ultima Modificación: | 28 May 2025 08:36 |
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