Research Article
Bertrand Game with Nash Bargaining Fairness Concern
Table 4
The impact of fairness concern on player 2’s expected profit π2 under three cases.
| | 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 | 31.4069 | 30.3299 | 27.7066 | 28.8504 | 29.4256 | 30.3528 | 30.3836 | 30.9194 | 30.4416 | | Case (b): = 0.5 | 31.3818 | 30.8097 | 29.4349 | 30.0240 | 30.1025 | 30.0599 | 29.6532 | 30.5490 | 30.5300 | | Case (c): = 0.8 | 31.3370 | 31.2241 | 30.9752 | 30.2547 | 29.2807 | 28.9620 | 28.5445 | 29.9678 | 30.1571 |
|
|
