Static Aspect of Heterogeneous Competition in Duopoly
Static Aspect of Heterogeneous Competition in Duopoly作者机构:Department of Mathematics Sri Guru Teg Bahadur Khalsa College Sri Anandpur Sahib India
出 版 物:《Open Journal of Applied Sciences》 (应用科学(英文))
年 卷 期:2022年第12卷第4期
页 面:455-468页
学科分类:0202[经济学-应用经济学] 02[经济学]
主 题:Oligopoly Duopoly Iso-Elastic Demand Linear Model Non-Linear Model Static Model
摘 要:The study gives a comparison between price policy and quantity policy in duopoly producing differentiated goods with different production costs and indicates which is more beneficial. Further, it is investigated that in a non-linear duopoly with differentiated goods and two different policies, firms may earn more profit if they choose a quantity policy in a stable economy when the marginal production cost of both the firms is the same. If the production cost of both firms is different, then the price policy is better only when the firm is efficient.