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.
| u | 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 | 50.9993 | -0.1660 | 47.5973 | 85.5977 | 111.1631 | 109.4409 | 107.6258 | 87.8129 | Case (b): = 0.5 | 90.6156 | 64.8235 | 22.6059 | 64.7888 | 87.2806 | 93.0786 | 76.1032 | 90.4919 | 88.5437 | Case (c): = 0.8 | 90.6625 | 92.7397 | 79.2991 | 94.5249 | 86.5768 | 69.3028 | 44.3726 | 71.0690 | 88.4984 |
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