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Spatial Oligopolies With Cooperative Distribution

Author

Listed:
  • MARIA SANDSMARK

    (Møreforsking (Molde Research Institute), Britveien 4, 6411 Molde, Norway)

Abstract

The main objects here are Nash equilibria in spatial Cournot oligopolies when profits depend on coordinated distribution. Production is non-cooperative, but the subsequent transportation must be performed jointly to minimize costs. Cournot-Nash equilibria for this two-stage game with partial coalitional strategies are determined by means of a mathematical-based algorithm. A numerical illustration is presented.

Suggested Citation

  • Maria Sandsmark, 2009. "Spatial Oligopolies With Cooperative Distribution," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 11(01), pages 33-40.
    • Handle: RePEc:wsi:igtrxx:v:11:y:2009:i:01:n:s0219198909002194
    DOI: 10.1142/S0219198909002194
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    Cited by:

    1. Summerfield, Nichalin S. & Dror, Moshe, 2012. "Stochastic programming for decentralized newsvendor with transshipment," International Journal of Production Economics, Elsevier, vol. 137(2), pages 292-303.
    2. Wang, Xu & Zhu, Lei & Liu, Pengfei, 2021. "Manipulation via endowments: Quantifying the influence of market power on the emission trading scheme," Energy Economics, Elsevier, vol. 103(C).
    3. Nichalin Suakkaphong & Moshe Dror, 2011. "Managing decentralized inventory and transshipment," TOP: An Official Journal of the Spanish Society of Statistics and Operations Research, Springer;Sociedad de Estadística e Investigación Operativa, vol. 19(2), pages 480-506, December.

    More about this item

    Keywords

    Spatial oligopolies; core allocation; Nash equilibrium; C61; C71; C72; L13;
    All these keywords.

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • C0 - Mathematical and Quantitative Methods - - General
    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • C7 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • M2 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics

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