Evolution of revenue preference for competing firms with nonlinear inverse demand
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DOI: 10.3934/jimo.2021071
Abstract: This paper studies evolutionarily stable preferences of competing firms across independent markets. Two models are considered according to whether firms' preferences are discrete or continuous. When preferences are discrete, firms have two marketing strategies: profit… read more here.
Keywords: pricing capability; evolutionarily stable; revenue; competing firms ... See more keywords