Competitive Delivered Spatial Pricing
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Author | : Phillip J. Lederer |
Publisher | : |
Total Pages | : |
Release | : 1998 |
Genre | : |
ISBN | : |
This paper studies price and production competition between spatially distributed firms. Firms compete by choosing delivered prices, a pricing regime which is often observed for goods with high transportation costs. The model is a very general one: customers have price elastic demand and firms have increasing marginal production and transportation costs. To study this competitive situation, a non-cooperative game is proposed. Existence and general properties of the Nash price and production equilibrium are shown and sufficient conditions that guarantee the existence of a unique price-production-transportation equilibrium are presented. It is shown that the only pricing patterns that can result from equilibrium are basing point, monopoly or mill pricing. A convergent algorithm is shown and demonstrated with an example.
Author | : Phillip J. Lederer |
Publisher | : |
Total Pages | : 20 |
Release | : 1992 |
Genre | : |
ISBN | : |
Author | : Louis Phlips |
Publisher | : |
Total Pages | : 68 |
Release | : 1976 |
Genre | : Competition |
ISBN | : |
Author | : Melvin L. Greenhut |
Publisher | : Durham, N.C. : Duke University Press |
Total Pages | : 284 |
Release | : 1975 |
Genre | : Business & Economics |
ISBN | : |
Author | : Marc E. McDill |
Publisher | : |
Total Pages | : 54 |
Release | : 1994 |
Genre | : |
ISBN | : |
Author | : George Norman |
Publisher | : Taylor & Francis |
Total Pages | : 190 |
Release | : 1986 |
Genre | : Business & Economics |
ISBN | : 9780850861211 |
Author | : Philip J. Lederer |
Publisher | : |
Total Pages | : 70 |
Release | : 1989 |
Genre | : Competition |
ISBN | : |
Author | : Lina Mallozzi |
Publisher | : Springer |
Total Pages | : 332 |
Release | : 2017-04-04 |
Genre | : Business & Economics |
ISBN | : 3319526545 |
Facility location theory develops the idea of locating one or more facilities by optimizing suitable criteria such as minimizing transportation cost, or capturing the largest market share. The contributions in this book focus an approach to facility location theory through game theoretical tools highlighting situations where a location decision is faced by several decision makers and leading to a game theoretical framework in non-cooperative and cooperative methods. Models and methods regarding the facility location via game theory are explored and applications are illustrated through economics, engineering, and physics. Mathematicians, engineers, economists and computer scientists working in theory, applications and computational aspects of facility location problems using game theory will find this book useful.
Author | : Paul Spencer Plummer |
Publisher | : |
Total Pages | : 602 |
Release | : 1993 |
Genre | : |
ISBN | : |
Author | : Richard J. Arnott |
Publisher | : Routledge |
Total Pages | : 577 |
Release | : 2013-06-20 |
Genre | : Business & Economics |
ISBN | : 1134352824 |
A collection of the first section of the "Fundamentals of Pure and Applied Economics" series, "Regional and Urban Economics: Parts One and Two" is an encyclopaedia containing eight titles: This volume highlights original contributions in regional and urban economics, concentrating mainly on urban economic theory. The contributions focus on the treatment of space in economic theory. Drawing on the body of literature developed by Von Thunen, Christaller and Losch, these chapters explore empirical, theoretical and applied aspects of urban and regional economics which can be divided into the following areas: Location Theory, "Jean Jaskold Gabszewicz, Jacques-Francois Thisse, Masahisa Fujita "and" Urs Schwiezer" Urban Public Finance, "David E. Wildasin" Urban Dynamics and Urban Externalities, "Takahiro Miyao "and" Yoshitsugu" "Kanemoto" Systems of Cities and Facility Location,