DUOPOLY MODEL OF A CONGESTED MARKETS

被引:1
|
作者
OH, HS
机构
[1] Department of Industrial Engineering Seoul National University, Seoul
关键词
DUOPOLY; IMPERFECT COMPETITION; CONGESTED MARKET; NASH PRICE EQUILIBRIUM;
D O I
10.1016/0360-8352(94)90346-8
中图分类号
TP39 [计算机的应用];
学科分类号
081203 ; 0835 ;
摘要
A duopoly model is developed in order to examine the effect of imperfect competition on the price-setting behavior of competing providers in a congested market. Multiple Nash price equilibria are found and the implications of such multiple price equilibria are discussed.
引用
收藏
页码:509 / 512
页数:4
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