Abstract
In the price war of telecommunications in China, the dynamic game model with incomplete information of the tripartite is a general case of multi-person game model, which is more complex than the bilateral game model. Taking account of the context of China, this paper proposes a new tripartite dynamic game model, of which the government agencies are regarded as the third body. Later, it presents a behavior analysis of different main bodies in the game of telecommunications. On premise of incomplete information, we analyze the price war initiator, defender and strategy choice by regulation institutions concerned and deduce the equilibrium of initiation, resistance and separation. Lastly, hopefully we provide guidance recommendations for competition in the telecommunications industry in China market.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.