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by gjm11
5435 days ago
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No, it doesn't allow two vendors to be in the exact same spot. The amount of trade that gets you is always exactly half-way between being just to the left and being just to the right, and can therefore only be the best option when all three of those are exactly equal, so I don't think it makes much difference. I wondered whether parity would be a big deal, but -- purely qualitatively and by eye -- it doesn't seem like it is. |
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In the 2 player case, not allowing for parity means that equilibrium would never be reached. The simulation as you programmed it would approach equilibrium as time goes to infinity, though, so I guess your model works about as well as one with parity, and is simpler. Nice.