Email this article Two-node market under imperfect competition
- Authors: Vasin A.A.1, Daylova E.A.1
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Affiliations:
- Moscow State University
- Issue: Vol 78, No 9 (2017)
- Pages: 1709-1729
- Section: Mathematical Game Theory and Applications
- URL: https://journals.rcsi.science/0005-1179/article/view/150691
- DOI: https://doi.org/10.1134/S0005117917090144
- ID: 150691
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Abstract
In this paper, we consider a Cournot auction with uniform nodal prices for a two-node market. The structure of each local market is an oligopoly. We demonstrate how the type of Nash equilibrium depends on the throughput. Finally, we investigate the optimum throughput problem under an imperfect competition in the market.
About the authors
A. A. Vasin
Moscow State University
Author for correspondence.
Email: vasin@cs.msu.su
Russian Federation, Moscow
E. A. Daylova
Moscow State University
Email: vasin@cs.msu.su
Russian Federation, Moscow
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