Research Article
Bertrand Game with Nash Bargaining Fairness Concern
Table 7
The impact of fairness concern on player 2’s expected utility u2 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 | 28.2075 | -9.9428 | -59.0570 | -44.6774 | -31.5599 | 7.1591 | 29.3134 | 28.9556 | -0.5859 | | Case (b): = 0.5 | 29.9892 | 4.5505 | -36.6470 | -14.2225 | 2.7269 | 24.9374 | 30.2649 | 30.4307 | 16.8282 | | Case (c): = 0.8 | 32.6574 | 34.3446 | 20.7619 | 42.5613 | 53.2115 | 45.6409 | 30.6849 | 31.8958 | 42.6145 |
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