Reachability of locational Nash equilibria
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Joyendu Bhadury, Professor, Information Systems and Supply Chain Management (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: This paper examines the location of duopolists on a tree. Given parametric prices, we first delineate necessary and sufficient conditions for locational Nash equilibria on trees. Given these conditions, we then show that Nash equilibria, provided they exist, can be reached in a repeated sequential relocation process in which both facil-ities follow short-term profit maximization objectives.
Reachability of locational Nash equilibria
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Additional Information
- Publication
- OR Spektrum, Vol. 20, 101-107. DOI: 10.1007/BF01539861
- Language: English
- Date: 1997
- Keywords
- Competitive location model, Nash equilibria, stability, reachability