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We analyze a general but parsimonious price competition model for an oligopoly in which each firm offers any number of products. The demand volumes are general piecewise affine functions of the full price vector, generated as the “regular” extension of a base set of affine functions. The model specifies a product assortment, along with their prices and demand volumes, in contrast to most commonly used demand models. We identify a fully best response operator which is monotonically increasing so that the market converges to a Nash equilibrium, when firms dynamically adjust their prices, as best responses to their competitors' prices, at least when starting in one of two price regions. Moreover, geometrically fast convergence to a common equilibrium can be guaranteed for an arbitrary starting point, under an additional condition for the price sensitivity matrix. 相似文献
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We investigate operations impacts of consumer‐initiated group buying (CGB), whereby consumers voluntarily form buying groups to negotiate bulk deals with retailers. This differs from regular purchasing whereby consumers visit retailers individually and pay posted prices. Upon the visit by group consumers, a retailer decides to forgo or satisfy their demand in its entirety. Turned down by a retailer, group consumers continue to visit other retailers. In the case where their group effort fails to conclude a deal, some group consumers switch to individual purchasing provided they receive a non‐negative utility by doing so. Even after a successful group event, the group consumers who forgo the event out of utility concern may switch to individual purchasing as well. Retailer competition, group size, and the chance that group consumers switch to individual purchasing upon unsatisfaction are crucial to how retailers adjust operations to deal with CGB. With retailer competition, the rise of CGB results in every consumer paying the same reduced price when group size is small but makes group consumers pay more than by purchasing individually when group size is large. This has mixed consequences on the profits for retailers in both absolute and relative terms. 相似文献
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Peter Haynes 《Defense & Security Analysis》2020,36(1):101-108
ABSTRACTFor the first time in a generation, the US Navy finds itself in an era of great power competition. As US naval strategists and defense planners begin to organise materially and conceptually to confront the strategic and operational-level challenges posed by China and Russia, what should they keep in mind? What should frame their thinking? Absorbed with the day-to-day tasks associated with managing how the fleet is being built, operated, and rationalised, these busy officers and civilians seldom can step back and gain some perspective on fundamental aspects of the security environment and relate those to naval purpose. To that end, this article provides a primer on what to keep in mind and how to think in an era of maritime great power competition. 相似文献
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机器学习是通过数据训练使机器获取新的知识和技能的计算机技术,是人工智能技术的核心和前沿领域之一。本文以Web of Science?核心合集收录的机器学习领域相关SCI论文和incoPat全球专利数据库收录的机器学习领域相关专利为数据源,运用科学计量方法对文献数据和专利数据进行时间、地域和机构分布分析,展示了机器学习领域研究实力的分布情况,并对机器学习的发展趋势进行了分析;然后利用主题聚类分析方法及可视化软件VOSviewer,挖掘出机器学习领域的关键技术、技术热点;最后对结果进行了总结分析,以期为我国机器学习发展布局提供参考和借鉴。 相似文献
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