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19 p, 517.6 KB A model-to-model analysis of Bertrand competition / Vilà, Xavier (Vilà Carnicero)
This paper studies a version of the classical Bertrand model in which consumers exhibit some strategic behavior when deciding from what seller they will buy. We use two related but different tools. Both consider a probabilistic learning (or evolutionary) mechanism, and in the two of them consumers' behavior influences the competition between the sellers. [...]
2008
Journal of artificial societies and social simulation, Vol. 11 Núm. 2 (2008) , p. 185-205  

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