Research Article
Bertrand Game with Nash Bargaining Fairness Concern
Table 2
The impact of fairness concern on player 2’s price p2 under three cases.
| | p2 | ϕ1=0.1, | ϕ1=0.1, | ϕ1=0.1, | ϕ1=1.0, | ϕ1=2.0, | ϕ1=2.0, | ϕ1=2.0, | ϕ1=1.0, | ϕ1=1.0, | | ϕ2=0.1 | ϕ2=1.0 | ϕ2=2.0 | ϕ2=2.0 | ϕ2=2.0 | ϕ2=1.0 | ϕ2=0.1 | ϕ2=0.1 | ϕ2=1.0 |
| | Case (a): = 0.3 | 7.5129 | 6.6765 | 5.7815 | 6.1499 | 6.4114 | 6.9745 | 7.4572 | 7.4904 | 6.8558 | | Case (b): = 0.5 | 7.5379 | 6.9504 | 6.3128 | 6.6824 | 6.8819 | 7.1811 | 7.4157 | 7.4847 | 7.1127 | | Case (c): = 0.8 | 7.5730 | 7.3446 | 7.0922 | 7.2281 | 7.2350 | 7.3658 | 7.3843 | 7.4607 | 7.3551 |
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