Domestic and international price-setting mixed triopolies

Detalhes bibliográficos
Autor(a) principal: Ferreira, Fernanda A.
Data de Publicação: 2018
Outros Autores: Ferreira, Flávio
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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spelling 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
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rights_invalid_str_mv 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 reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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collection Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
repository.name.fl_str_mv Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação
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