Table 13 Comparison between theoretical and simulated models when conditions regarding the “well behavior” of equilibria are relaxed
Variables/cases | Starting price | Deltas | Transportation costs | Equilibrium prices users (developers) | Equilibrium profits |
|---|---|---|---|---|---|
Simulated case | 0.25 | 0.65 | 0.15 | − 0.05 (0.15) | 0.05 |
− 0.05 | 0.65 | 0.15 | 0.05 | 0.05 | |
− 0.05 | 0.8 | 0.4 | 0.05 (− 0.05) | 0 | |
Theoretical case | 0.65 | 0.15 | − 0.5 | − 0.5 | |
0.8 | 0.4 | − 0.4 | − 0.4 |