Research Article
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 |
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