An imperfect competition on scale-free networks

Tomohiko Konno

研究成果: Article

5 引用 (Scopus)

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We study an imperfect quantity competition on networks that represent rivalry relationships among firms. We show that the more heterogeneous the underlying network is, the more the output and the price are. The output and the price on scale-free networks are counter-intuitively the same as those in the monopoly regardless of the number of rival firms. We also show that any inverse demand function represented by a network has the corresponding utility function, which justifies the inverse demand function.

元の言語English
ページ(範囲)5453-5460
ページ数8
ジャーナルPhysica A: Statistical Mechanics and its Applications
392
発行部数21
DOI
出版物ステータスPublished - 2013 11 1
外部発表Yes

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ASJC Scopus subject areas

  • Condensed Matter Physics
  • Statistics and Probability

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