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Capacity precommitment and price competition yield the Cournot outcome.
Diego Moreno
Luis Ubeda
Published in:
Games Econ. Behav. (2006)
Keyphrases
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demand function
revenue management
nash equilibrium
capacity expansion
international competition
nash equilibria
neural network
real world
machine learning
artificial intelligence
decision making
reinforcement learning
upper bound
dynamic pricing
high capacity