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An evolutionary model of price competition among spatially distributed firms

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Figure

Figure  1.  One-dimensional  model  with  n  =  10  firms.  A  firm  is  indicated  by  a  black  dot
Table  1.  Payoff  matrix  that  illustrates  the  situation  of  firms  in  the  one-dimensional  model
Figure 2. Illustration of the imitation mechanism. There are n = 10 firms. Firms have  an  information  neighborhood  of  size  ρ  =  4,  and  the  noise  level  equals  σ  =  0.1
Figure  3.  Two-dimensional  model  with  n  =  16  firms.  A  firm  is  indicated  by  a  black  dot
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