A Monopoly Bertrand Game under Uncertainty
M. F. Elettreby · Journal of Advances in Mathematics and Computer Science · 2016
In this paper, a bounded rational monopolist Bertrand model is proposed using a specific demand function. Therefore, some stability analysis is carried out to describe some complex dynamic phenomena such as bifurcation and chaos. Also, an approach for risk in the model which base...
Open access
Research Article
10.9734/BJMCS/2016/23013