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Table 1 Prices and profits when X 0=X 1=X with X=a 0+G and GGa(α,β)

From: Optimal two-stage pricing strategies from the seller’s perspective under the uncertainty of buyer’s decisions

α β σ G Π(p 0,max,p 1,max) p 0,max p 1,max \(\Pi (p^{\max }_{0},p^{\max }_{1})\) \(p^{\max }_{0}\) \(p^{\max }_{1}\)
100 2 5 238.3249 238.3686 232.1596 243.6800 246.8699 236.3763
25 0.5 10 229.9880 230.1152 220.5280 238.4024 244.7218 226.8302
6.25 0.125 20 217.1578 217.3732 206.2535 229.8237 241.8907 213.1633
2.78 0.056 30 207.4594 207.5638 200.5773 223.6389 240.9744 204.4544