Research Article

Bertrand Game with Nash Bargaining Fairness Concern

Table 8

The impact of fairness concern on the total expected utility u under three cases.

uϕ1=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=0.1ϕ2=1.0ϕ2=2.0ϕ2=2.0ϕ2=2.0ϕ2=1.0ϕ2=0.1ϕ2=0.1ϕ2=1.0

Case (a): = 0.390.574050.9993-0.166047.597385.5977111.1631109.4409107.625887.8129
Case (b): = 0.590.615664.823522.605964.788887.280693.078676.103290.491988.5437
Case (c): = 0.890.662592.739779.299194.524986.576869.302844.372671.069088.4984