Evidence map›Paper›PMID 41413160›Full record

ArticleScientific reports2025

A Bertrand model with Brownian motion and behavioral errors.

Bingyuan Gao, Xi Gao, Shaohua He

Abstract read
In one paragraph

Article in Scientific reports, 2025. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.

0numbers the graph read from it
0cells of the map it votes in
0citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

0 citing papers in PubMed.

No citing paper in PubMed yet.

4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

3 authors.

Bingyuan GaoEconomics and Management Department, Yuncheng University, Fudan West, Yuncheng, 044000, Shanxi, China. byuang@163.com.
Xi GaoElectrical Engineering and Automation School, Wuhan University, Luojiashan, Wuhan, 430072, China.
Shaohua HeManagement School, Lancaster University, Bailrigg, Lancaster, LA1 4YX, UK.

Funding

Doctor Scientific Research of Yuncheng University [YQ-2023077]Shanxi Scholarship Council of China [20221857]
6 · The paper itself

Abstract

This paper extends a random version of Bertrand model with Brownian motion. The model can be used to adjust price with changing economic environment, as it can serve to capture the behaviours of managers who seek to avoid errors in identifying the optimal response in dynamic price settings within their respective markets. The equilibrium of a stochastic game model is further discussed with the solution solved by Hamilton-Jacobi-Bellman equations, and the equilibrium exhibited fluctuations in the numerical simulation, with a constant value being observed. Finally, the model shows that organisations that are less efficient at managing errors, particularly those with a smaller market share, are more susceptible to failure.

Indexed as

Bertrand modelBrownian motionEquilibrium

Identifiers

PMID41413160
PMCPMC12816664

What OpenQuestion holds

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Registered trials

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Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.