Price oligopoly as a cooperative game

Mamoru Kaneko*

*この研究の対応する著者

研究成果: Article査読

3 被引用数 (Scopus)

抄録

We consider an oligopolistic market as follows. In the market, one good is traded for money. Each oligopolist is a price setter and has the same linear cost function. Each buyer is a price taker and buys the good from oligopolists setting the lowest price. We formulate this market as a cooperative game, and consider two kinds of solution concepts, the core and a bargaining set of the game. First we show that in the monopolistic market, the core gives the monopoly price, but in the oligopolistic market, the core is empty. Second, we obtain the bargaining set of the oligopolistic market.

本文言語English
ページ(範囲)137-150
ページ数14
ジャーナルInternational Journal of Game Theory
7
3-4
DOI
出版ステータスPublished - 1978 9
外部発表はい

ASJC Scopus subject areas

  • 社会科学(その他)
  • 統計学および確率
  • 数学(その他)
  • 経済学、計量経済学

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