Locating-pricing Game Model of Duopoly Enterprises Within a Circular Plane City
Abstract:
Based on the Hotelling basic model, this study expanded linear city to a circular flat urban area and analyzed the pricing and location behavior of two companies which provide homogeneous products on a two-dimensional plane. The pricing game models were separately established in the condition of fixed and not fixed site and they were solved combined with the plane geometry characteristics of the hyperbolic.
How to cite this article
Rong Lin, Shouzhong Wang, Shuyang Wang and Yunyan Wang, 2013. Locating-pricing Game Model of Duopoly Enterprises Within a Circular Plane City. Journal of Applied Sciences, 13: 1734-1739.
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