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Evaluating Market Pricing Competition with Game Theory Model
Ist Teil von
Information Technology and Systems, p.603-613
Ort / Verlag
Cham: Springer International Publishing
Link zum Volltext
Quelle
Alma/SFX Local Collection
Beschreibungen/Notizen
Recently in the literature, there have been many attempts to expand classic models of market competition analysis. Considering firms are competing globally against many different sellers over different markets, recent works proposed a model where it is possible to represent competition among companies where they compete against each other directly and indirectly, using a hypergraph to represent the competition structure. This document presents an attempt to demonstrate how the young and maturing networked price competition model, which allows finding the best price for the companies from the competition structure and market sizes, can be used in any case of study.