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AppliedMath, Volume 5, Issue 2

June 2025 - 44 articles

Cover Story: Numerous studies have been conducted on the location–price Hotelling game under simultaneous decision-making; however, in real-life scenarios, decisions are frequently sequential. Unfortunately, studies on the sequential Hotelling (SHOT) game are quite scarce. This article contributes to the study of the SHOT game by considering the case in which the location of one of the players, either the leader or the follower, is externally fixed. The game is studied analytically and by numerical simulation to address scenarios where mathematical analysis is cumbersome due to the discontinuous nature of the game. Simulation is found to be particularly useful in evaluating the subgame perfect equilibrium (SPE) solution of these SHOT games, where, as a general rule with few exceptions, the follower outperforms the leader. View this paper
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Articles (44)

  • Article
  • Open Access
1,341 Views
22 Pages

Although fractional calculus has evolved significantly since its origin in the 1695 correspondence between Leibniz and L’Hôpital, the numerical treatment of multi-order fractional differential equations remains a challenge. Existing metho...

  • Article
  • Open Access
1,323 Views
26 Pages

Time Dynamics of Systemic Risk in Banking Networks: A UEDR-PDE Approach

  • Irène Irakoze,
  • Dennis Ikpe,
  • Fulgence Nahayo and
  • Samuel Asante Gyamerah

Understanding the time dynamics of systemic risk in banking networks is crucial for preventing financial crises and ensuring economic stability. This paper aims to quantify key transition times in the evolution of distress within a banking system usi...

  • Feature Paper
  • Article
  • Open Access
1 Citations
2,535 Views
25 Pages

Background: The issue of digital piracy is increasingly prevalent, with its proliferation further fueled by the widespread use of social media outlets such as WhatsApp, Snapchat, Instagram, Pinterest, and X. These platforms have become hotspots for t...

  • Article
  • Open Access
976 Views
47 Pages

Planning a multi-joint minimum-effort coordinated human movement to achieve a visual goal is computationally difficult: (i) The number of anatomical elemental movements of the human body greatly exceeds the number of degrees of freedom specified by v...

  • Article
  • Open Access
2,485 Views
37 Pages

This model extends the classical economic production quantity (EPQ) model to address the complexities within a two-echelon supply chain system. The model integrates the cost of raw materials necessary for production and takes into account the presenc...

  • Review
  • Open Access
638 Views
11 Pages

It has been shown that at the present stage of the evolution of the universe, cosmological acceleration is an inevitable kinematical consequence of quantum theory in semiclassical approximation. Quantum theory does not involve such classical concepts...

  • Article
  • Open Access
1 Citations
1,112 Views
21 Pages

Mixed Cost Function and State Constrains Optimal Control Problems

  • Hugo Leiva,
  • Guido Tapia-Riera,
  • Jhoana P. Romero-Leiton and
  • Cosme Duque

In this paper, we analyze an optimal control problem with a mixed cost function, which combines a terminal cost at the final state and an integral term involving the state and control variables. The problem includes both state and control constraints...

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AppliedMath - ISSN 2673-9909