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Table 2 Prices and gross profits when X 0 and X 1 are independent and follow the distribution of a 0+G with 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 5 238.3595 238.3686 238.3686 244.1578 247.0367 238.3651
25 0.5 10 230.0839 230.1152 230.1152 239.2700 244.9522 230.1226
6.25 0.125 20 217.3058 217.3732 217.3732 230.9968 242.0798 217.3781
2.78 0.056 30 207.5201 207.5638 207.5638 224.4556 241.0434 207.5595