Static Aspect of Heterogeneous Competition in Duopoly  

Static Aspect of Heterogeneous Competition in Duopoly

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作  者:Bharti Kapoor Bharti Kapoor(Department of Mathematics, Sri Guru Teg Bahadur Khalsa College, Sri Anandpur Sahib, India)

机构地区:[1]Department of Mathematics, Sri Guru Teg Bahadur Khalsa College, Sri Anandpur Sahib, India

出  处:《Open Journal of Applied Sciences》2022年第4期455-468,共14页应用科学(英文)

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.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.

关 键 词:OLIGOPOLY DUOPOLY Iso-Elastic Demand Linear Model Non-Linear Model Static Model 

分 类 号:F22[经济管理—国民经济]

 

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