On Nash-Cournot oligopolistic market equilibrium models with concave cost functions

被引:33
|
作者
Muu, Le D. [1 ]
Nguyen, V. H. [2 ]
Quy, N. V. [3 ]
机构
[1] Inst Math, Hanoi 10137, Vietnam
[2] FUNDP Unite Optimisat, Dept Math, Namur, Belgium
[3] Financial & Accounting Inst, Hanoi 10137, Vietnam
关键词
nonconvex Nash-Cournot model; equilibrium; concave cost; variational inequality; existence of solution; algorithm;
D O I
10.1007/s10898-007-9243-0
中图分类号
C93 [管理学]; O22 [运筹学];
学科分类号
070105 ; 12 ; 1201 ; 1202 ; 120202 ;
摘要
We consider Nash-Cournot oligopolistic market equilibrium models with concave cost functions. Concavity implies, in general, that a local equilibrium point is not necessarily a global one. We give conditions for existence of global equilibrium points. We then propose an algorithm for finding a global equilibrium point or for detecting that the problem is unsolvable. Numerical experiments on some randomly generated data show efficiency of the proposed algorithm.
引用
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页码:351 / 364
页数:14
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