کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
966376 | 1479276 | 2009 | 23 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Harmonic symmetries of imperfect competition on circular city
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کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه
ریاضیات
ریاضیات کاربردی
پیش نمایش صفحه اول مقاله
![عکس صفحه اول مقاله: Harmonic symmetries of imperfect competition on circular city Harmonic symmetries of imperfect competition on circular city](/preview/png/966376.png)
چکیده انگلیسی
Taking location as given, we study imperfect competition on a circular city. In Bertrand oligopoly, we identify price harmonics as a function of firm unit costs and locations. The sum of oligopoly profits is larger when costs and/or locations are more dispersed in the 'dihedral majorization' sense. This also tends to be the case in which prices are more variable. We study how phase shifts between cost parameters and inter-firm distance parameters change production and oligopoly profits. An exact characterization of production patterns is developed in terms of the eigenvalues for what we call the price harmonics matrix. The same techniques are applied to Cournot oligopoly with spatial externalities on circular city. Solutions are compared with first-best. Production patterns can differ markedly when cost spillovers are negative.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Economics - Volume 45, Issues 1â2, 20 January 2009, Pages 124-146
Journal: Journal of Mathematical Economics - Volume 45, Issues 1â2, 20 January 2009, Pages 124-146
نویسندگان
David A. Hennessy, Harvey E. Lapan,