make.hotelling.game: Generate a Hotelling Game

In skranz/StratTourn: Tournament of game theoretic strategies

Description

We consider two firms playing a repeated hotelling game, setting price and location. The Utility Function of the uniformly distributed customers is U = s - t.distance*|x-l|-p.

Usage

make.hotelling.game(lower.bound = 0, upper.bound = 1, s = 1,
  t.distance = 1, fix.location = FALSE, delta = 0.9, ...)

Arguments

lower.bound	Customers are uniformly distributed in the intervall [lower.bound, upper.bound]
upper.bound	Customers are uniformly distributed in the intervall [lower.bound, upper.bound]
s	Prohibitive price of customer
t.distance	Factor determining how much the customer loathes distance
fix.location	If TRUE, then the location can only be set once
delta	Probability of playing another round

skranz/StratTourn documentation built on May 30, 2019, 2:02 a.m.