This article describes numerical methods that exploit fixed-point equations equivalent to the first-order condition for Bertrand-Nash equilibrium prices in a class of differentiated product market models based on the mixed-logit model of demand. One fixed-point equation is already prevalent in the literature, and one is novel. Equilibrium prices are computed for the calendar year 2005 new-vehic...

We study two-person extensive form games, or “matches,” in which the only possible outcomes (if the game terminates) are that one player or the other is declared the winner. The winner of the match is determined by the winning of points, in “point games.” We call these matches binary Markov games. We show that if a simple monotonicity condition is satisfied, then (a) it is a Nash equilibrium of...

In the paper, we obtain new sufficient conditions ensuring existence, uniqueness, and asymptotic stability of the equilibrium point for delayed neural network via nonsmooth analysis, which makes use of the Lipschitz property of the functions. Based on this tool of nonsmooth analysis, we first obtain a couple of general results concerning the existence and uniqueness of the equilibrium point. Th...

In this paper we study the solvability of a system of vector equilibrium problems. We extend the concept of topological pseudomonotonicity to a family of mappings. We prove existence results for the system of vector equilibrium problems under topological pseudomonotonicity conditions by the Kakutani-Fan-Glicksberg fixed point theorem. As applications, we obtain existence results for systems of ...

In the appendix to the book by F. F. Bonsal, Lectures on Some Fixed Point Theorems of Functional Analysis (Tata Institute, Bombay, 1962) a proof by Singbal of the SchauderTychonoff fixed point theorem, based on a locally convex variant of Schauder mapping method, is included. The aim of this note is to show that this method can be adapted to yield a proof of Kakutani fixed point theorem in the ...

In this paper, the solvability of a class of strong vector quasi-equilibrium problems(for short, SVQEP) are studied in real topological vector space. By using the Kakutani-Fan-Glicksberg fixed point theorem, some existence theorems for SVQEP are obtained without any monotonicity assumption.