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Table 4 Vertical differentiation model

From: Agent-based models and industrial organization theory. A price-competition algorithm for agent-based models based on Game Theory

Variable

Coefficient (std. err.)

(a) Iteration 0.1

 

 Simulated price

1.0385** (0.0104)

 N

85

 R\(^{2}\)

0.9917

 F \(_{(1,84)}\)

10066.75

(b) Iteration 0.05

 Simulated price

1.0314 ** (0.0054)

 N

85

 R\(^{2}\)

0.9977

 F \(_{(1,84)}\)

36883.17