Basic Properties of a Mixed Oligopoly Model

2016 ◽  
pp. 3-12 ◽  
Author(s):  
Tsuyoshi Shinozaki ◽  
Minoru Kunizaki
Keyword(s):  
Mixed Oligopoly ◽  
Basic Properties ◽  
Oligopoly Model

scholarly journals The Evaluation of Maximum Tariffs in an Emerging Economy: The Nigerian Case

2012 ◽  
Vol 2 (3) ◽  
pp. 207
Author(s):  
N. P. Audu ◽  
T. O. Apere
Keyword(s):  
Emerging Economy ◽  
Mixed Oligopoly ◽  
Private Firms ◽  
Oligopolistic Competition ◽  
Oligopoly Model ◽  
Public Firm ◽  
Asymmetric Costs ◽  
Nigerian Government ◽  
Foreign Competitors

Using the Cournot and Stackelberg theories of oligopolistic competition, the paper re-evaluate the importance of tariff ranking issue under a mixed oligopoly model with foreign competitors and asymmetric costs. We demonstrated that under Cournot theory, when the size of domestic private and foreign private firms becomes more unequally distributed, maximum–welfare tariff will exceed maximum–revenue tariff. The study also revealed that under Stackelberg theory, when the domestic government protects its domestic sector, it will levy higher maximum–welfare tariffs versus maximum–revenue tariffs. These two positions notwithstanding, when the Nigerian government decides to open its doors more for foreign competitors, it will need to levy higher maximum-revenue tariffs versus maximum–welfare tariffs. The findings of this paper remain valid whether the domestic public firm acts as a leader or a follower in the market.

Structure of demand and consistent conjectural variations equilibrium (CCVE) in a mixed oligopoly model

2014 ◽  
Vol 217 (1) ◽  
pp. 281-297 ◽  
Author(s):  
Vyacheslav V. Kalashnikov ◽  
Vladimir A. Bulavsky ◽  
Vitaliy V. Kalashnikov ◽  
Nataliya I. Kalashnykova
Keyword(s):  
Mixed Oligopoly ◽  
Oligopoly Model ◽  
Conjectural Variations ◽  
Conjectural Variations Equilibrium

Privatization and Market Exit in a Two-Region Mixed Oligopoly Model

2012 ◽  
Vol 42 (3) ◽  
pp. 581-592
Author(s):  
Mitsuyoshi YANAGIHARA ◽  
Hideya KATO
Keyword(s):  
Mixed Oligopoly ◽  
Oligopoly Model ◽  
Market Exit

scholarly journals Tariffs Ranking in Mixed Oligopoly with Revenue Constraint

2011 ◽  
Vol 2011 ◽  
pp. 1-6 ◽  
Author(s):  
Leonard F. S. Wang ◽  
Jean Wang ◽  
Long Tang ◽  
Jen-Yao Lee
Keyword(s):  
Cournot Competition ◽  
Mixed Oligopoly ◽  
Foreign Firms ◽  
Private Firms ◽  
Public Leadership ◽  
Oligopoly Model ◽  
Optimal Tariff

Utilizing linear mixed oligopoly model, this paper explores the magnitude of the maximum-revenue tariff, optimum-welfare tariff, and revenue-constrained optimal tariff that is especially designed for the consideration of the bureaucratic inefficiency. In particular, the tariff ranking issue is examined under both cases of Cournot competition and domestic public leadership. We found that, under Cournot competition, the optimum-welfare tariff is the highest and it is followed by the revenue-constrained optimal tariff while the maximum-revenue tariff is the lowest. But, under Stackelberg public leadership, if the domestic private firms are fewer than the foreign firms, the maximum-revenue tariff becomes the highest and the optimum-welfare exceeds the revenue-constrained optimal tariff.

scholarly journals Consistent Conjectural Variations Equilibrium in the Semi-Mixed Oligopoly

2021 ◽  
Vol 2021 ◽  
pp. 1-14
Author(s):  
Gabriela Renata Huarachi-Benavídez ◽  
José Guadalupe Flores-Muñiz ◽  
Nataliya Kalashnykova ◽  
Viacheslav Kalashnikov
Keyword(s):  
Convex Combination ◽  
Mixed Oligopoly ◽  
Perfect Competition ◽  
Oligopoly Model ◽  
Interior Equilibrium ◽  
Public Company ◽  
Conjectural Variations ◽  
Social Surplus ◽  
Production Output ◽  
Conjectural Variations Equilibrium

We study a variant of the mixed oligopoly model with conjectural variations equilibrium, in which one of the producers maximizes not his net profit but the convex combination of the latter with the domestic social surplus. The coefficient of this convex combination is named socialization level. The producers’ conjectures concern the price variations depending upon their production output variations. In this work, we extend the models studied before, considering the case of the producers’ cost functions being convex but not necessarily quadratic. The notion of exterior and interior equilibrium is introduced (similarly to previous works), developing a consistency criterion for the conjectures. Existence and uniqueness theorems are formulated and proven. Results concerning the comparison between conjectural variations, perfect competition, and Cournot equilibriums are provided. Based on these results, we formulate an optimality criterion for the election of the socialization level. The existence of the optimal socialization level is proven under the condition that the public company cannot be too weak as compared to the private firms.

On the Essence and Tipology of International Public Goods

2005 ◽  
pp. 131-141
Author(s):  
V. Mortikov
Keyword(s):  
Economic Policy ◽  
Social Construction ◽  
Public Goods ◽  
Public Good ◽  
Global Public Goods ◽  
Club Goods ◽  
Basic Properties ◽  
International Public Goods ◽  
Regional Public Goods ◽  
Joint Products

The basic properties of international public goods are analyzed in the paper. Special attention is paid to the typology of international public goods: pure and impure, excludable and nonexcludable, club goods, regional public goods, joint products. The author argues that social construction of international public good depends on many factors, for example, government economic policy. Aggregation technologies in the supply of global public goods are examined.

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