Domestic and international price-setting mixed triopolies
Autor(a) principal: | |
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Data de Publicação: | 2018 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.22/12080 |
Resumo: | We will consider two models describing certain market structures: (i) a domestic market in which a public firm (whose objective is to maximize social welfare) competes with two private firms (whose objective is to maximize their own profits); and (ii) an international market in which a domestic public firm competes with one domestic private firm and one foreign private firm. In both situations, firms decide simultaneously the price for their substitutable goods. We compare the maximum-revenue tariff with the optimum-welfare tariff, and also the other output equilibria obtained in each case. Furthermore, we also compare the results in the domestic competition with the ones in the international competition. |
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Domestic and international price-setting mixed triopoliesModelingOptimizationIndustrial OrganizationGame theoryWe will consider two models describing certain market structures: (i) a domestic market in which a public firm (whose objective is to maximize social welfare) competes with two private firms (whose objective is to maximize their own profits); and (ii) an international market in which a domestic public firm competes with one domestic private firm and one foreign private firm. In both situations, firms decide simultaneously the price for their substitutable goods. We compare the maximum-revenue tariff with the optimum-welfare tariff, and also the other output equilibria obtained in each case. Furthermore, we also compare the results in the domestic competition with the ones in the international competition.L&H Scientific PublishingRepositório Científico do Instituto Politécnico do PortoFerreira, Fernanda A.Ferreira, Flávio2018-10-23T14:39:25Z20182018-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.22/12080eng2164-645710.5890/JAND.2018.09.004metadata only accessinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-13T12:54:06Zoai:recipp.ipp.pt:10400.22/12080Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:32:27.115355Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Domestic and international price-setting mixed triopolies |
title |
Domestic and international price-setting mixed triopolies |
spellingShingle |
Domestic and international price-setting mixed triopolies Ferreira, Fernanda A. Modeling Optimization Industrial Organization Game theory |
title_short |
Domestic and international price-setting mixed triopolies |
title_full |
Domestic and international price-setting mixed triopolies |
title_fullStr |
Domestic and international price-setting mixed triopolies |
title_full_unstemmed |
Domestic and international price-setting mixed triopolies |
title_sort |
Domestic and international price-setting mixed triopolies |
author |
Ferreira, Fernanda A. |
author_facet |
Ferreira, Fernanda A. Ferreira, Flávio |
author_role |
author |
author2 |
Ferreira, Flávio |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Repositório Científico do Instituto Politécnico do Porto |
dc.contributor.author.fl_str_mv |
Ferreira, Fernanda A. Ferreira, Flávio |
dc.subject.por.fl_str_mv |
Modeling Optimization Industrial Organization Game theory |
topic |
Modeling Optimization Industrial Organization Game theory |
description |
We will consider two models describing certain market structures: (i) a domestic market in which a public firm (whose objective is to maximize social welfare) competes with two private firms (whose objective is to maximize their own profits); and (ii) an international market in which a domestic public firm competes with one domestic private firm and one foreign private firm. In both situations, firms decide simultaneously the price for their substitutable goods. We compare the maximum-revenue tariff with the optimum-welfare tariff, and also the other output equilibria obtained in each case. Furthermore, we also compare the results in the domestic competition with the ones in the international competition. |
publishDate |
2018 |
dc.date.none.fl_str_mv |
2018-10-23T14:39:25Z 2018 2018-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.22/12080 |
url |
http://hdl.handle.net/10400.22/12080 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
2164-6457 10.5890/JAND.2018.09.004 |
dc.rights.driver.fl_str_mv |
metadata only access info:eu-repo/semantics/openAccess |
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metadata only access |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
L&H Scientific Publishing |
publisher.none.fl_str_mv |
L&H Scientific Publishing |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131417452478464 |