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On Puu’s incomplete information formulation for the standard and multi-team Bertrand game

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  • Ahmed, E.
  • Elettreby, M.F.
  • Hegazi, A.S.

Abstract

Puu’s incomplete information dynamical system is introduced and applied for Bertrand Duopoly. Multi-team Bertrand game is formulated. It is a generalization of Liu’s work to dynamical non-convex multi-team games.

Suggested Citation

  • Ahmed, E. & Elettreby, M.F. & Hegazi, A.S., 2006. "On Puu’s incomplete information formulation for the standard and multi-team Bertrand game," Chaos, Solitons & Fractals, Elsevier, vol. 30(5), pages 1180-1184.
  • Handle: RePEc:eee:chsofr:v:30:y:2006:i:5:p:1180-1184
    DOI: 10.1016/j.chaos.2005.08.198
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    References listed on IDEAS

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    1. Y. Liu & M. A. Simaan, 2004. "Noninferior Nash Strategies for Multi-Team Systems," Journal of Optimization Theory and Applications, Springer, vol. 120(1), pages 29-51, January.
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    Cited by:

    1. Ahmed, E. & Elettreby, M.F., 2014. "Controls of the complex dynamics of a multi-market Cournot model," Economic Modelling, Elsevier, vol. 37(C), pages 251-254.
    2. Ahmed, E. & Elsadany, A.A. & Puu, Tonu, 2015. "On Bertrand duopoly game with differentiated goods," Applied Mathematics and Computation, Elsevier, vol. 251(C), pages 169-179.
    3. Ciprian Rusescu & Mihai Daniel - Roman, 2021. "Dynamic Behaviour In A Bertrand Model With Bounded Rational Players," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 45-55, June.
    4. Brianzoni, Serena & Gori, Luca & Michetti, Elisabetta, 2015. "Dynamics of a Bertrand duopoly with differentiated products and nonlinear costs: Analysis, comparisons and new evidences," Chaos, Solitons & Fractals, Elsevier, vol. 79(C), pages 191-203.
    5. Al-Hdaibat, Bashir & Govaerts, Willy & Neirynck, Niels, 2015. "On periodic and chaotic behavior in a two-dimensional monopoly model," Chaos, Solitons & Fractals, Elsevier, vol. 70(C), pages 27-37.
    6. Ting Li & Dongyun Yan & Xiaogang Ma, 2019. "Stability Analysis and Chaos Control of Recycling Price Game Model for Manufacturers and Retailers," Complexity, Hindawi, vol. 2019, pages 1-13, July.

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