G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Cournot Competition on a Network of Markets and Firms
Rahmi Ilkiliç
发表日期2009
出处Climate Change and Sustainable Development
出版年2009
语种英语
摘要Suppose markets and firms are connected in a bi-partite network, where firms can only supply to the markets they are connected to. Firms compete a la Cournot and decide how much to supply to each market they have a link with. We assume that markets have linear demand functions and firms have convex quadratic cost functions. We show there exists a unique equilibrium in any given network of firms and markets. We provide a formula which expresses the quantities at an equilibrium as a function of a network centrality measure.
特色分类C62,C72,D85,L11
关键词Cournot Markets,Networks,Nash Equilibrium,Centrality Measures
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/cournot-competition-on-a-network-of-markets-and-firms/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117710
推荐引用方式
GB/T 7714
Rahmi Ilkiliç. Cournot Competition on a Network of Markets and Firms. 2009.
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