Evolution Model Analysis of Group Buying Games
Ya-Lan Li & Qi-Qing Song · Current Journal of Applied Science and Technology · 2015
This paper introduces an evolutionary game model in a mixed population. The simulation results show that competition between suppliers increases social welfare and can reveals the base price of a product in cases of some strategy profiles; however, collusion will benefit supplier...
Open access
Research Article
10.9734/BJAST/2016/22839