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Chinese Journal of Management Science ›› 2004, Vol. ›› Issue (1): 85-88.

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Multidimensional Bertrand Model with Incomplete Information and Its Analysis

TAN De-qing1, LIU Guang-zhong 2   

  1. 1. School of Economics & Management, Southwest Jiaotong University, Chengdu 610031, China;
    2. School of Business & Management, Sichuan University, Chengdu 610064, China
  • Received:2003-06-25 Revised:2003-07-28 Online:2004-02-28 Published:2012-03-07

Abstract: On the basis of reference,the paper further discusses the model of multidimensional static Bertrand game with incomplete information about two kinds of product with certain substitutive relationship between two enterprises and its multidimensional Bayesian equilibrium,then obtains the result that Bayesian equilibrium strategies in which two enterprises independently participate in game for every kind of product are inferior to Bayesian equilibrium strategies in which each enterprise considers two kinds of product joiutly to participate in the two-dimensional game.

Key words: multidimensional, substitutive relationship, information, Bayesian equilibrium

CLC Number: