Bertrand Game with Nash Bargaining Fairness Concern

Table 5

The impact of fairness concern on the total expected profit π 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	90.5740	87.2447	82.2595	84.3612	85.5977	87.9694	89.1074	89.9520	87.8129
Case (b): = 0.5	90.6156	88.4567	85.3837	86.9121	87.2806	87.9561	87.7256	89.4271	88.5437
Case (c): = 0.8	90.6625	89.9312	89.0017	88.3716	86.5768	85.9817	85.0397	88.4206	88.4984