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There are two main quotation mode in current bidding, which are without base price and compound base price. Bidders should bid accurately and reasonably to win a bid. Based on game theory and the characteristics in bidding, this paper constructed bidding price game model of without base price and bidding price game model of compound base price to provide evidence for bidding decision. Relevant factors...
Dynamic games play prominently roles in the management field and in the economic community. In this note, a dynamic zero-sum game with two players is considered. By comparing one player under feedback information structure with the other player under open-loop information, we find that the player with feedback information structure will benefit from this game or the player with feedback information...
In a cognitive radio wireless network, each node can sense and opportunistically access the under-utilized spectrums in the primary system. Since the unoccupied spectrum is location-dependent and time-dependent, the available spectrums in each node are different. With this spectrum heterogeneity and different Quality-of-Service (QoS) requirement, different nodes may have different preferences in using...
In an economic organization, there exist three strategies for all members: cooperators, defectors and loners and we aim to consider them. By game theory approaches, we compare a loner and a cooperator in an organization. We find that a player will benefit more from the game if he/she is a loner than he/she is a cooperator under the same conditions. In essence, Nash game is further considered in this...
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