主管:中国科学院
主办:中国优选法统筹法与经济数学研究会
   中国科学院科技战略咨询研究院

Chinese Journal of Management Science ›› 2010, Vol. 18 ›› Issue (3): 141-147.

Previous Articles     Next Articles

Equilibrium in Duopoly Game with Double Endogenous Choices

YANG Xiao-hua1, XIA Huo-song1, LUO Yun-feng2   

  1. 1. College of Economics and Management, Wuhan Textlie University, Wuhan 430074, China;
    2. Department of Control Science and Engineering, Huazhong University of Science and Technology, Wuhan 430074, China
  • Received:2009-10-27 Revised:2010-05-24 Online:2010-06-30 Published:2010-06-30

Abstract: This paper studies the equilibrium outcomes of a duopoly game under double endogenous choices,i.e.both the strategic variables(price or quantity)and the move-timing(first-mover or second mover)are chosen endogenously.It is showed that,whether the strategic variables are chosen before or after endogenous timing,the equilibrium out comes are identical.The equilibrium outcomes are quantity competitions with three kinds of move orders,i.e.one simultaneous-move game and two sequential-move games with both leader-follower configurations.

Key words: double endogenous choices, endogenous timing, endogenous strategic varible, equilibrium

CLC Number: