Triopoly price competition reveals surprising equilibrium payoffs and strategies.
The article explores how sellers compete in a market with limited resources, focusing on when there are three sellers involved. The researchers found that in this scenario, the strategies used by the sellers don't have to be connected, and there can be a small player that affects the outcome differently than the biggest seller. This shows that in a three-seller market, things can be more complex than in a two-seller market.