IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwpmi/9507001.html
   My bibliography  Save this paper

Indeterminate Output Allocations in Collusive Equilibria and Multi-plant Firms

Author

Listed:
  • Thomas Mitchell

    (S. Illinois Univ. at Carbondale)

Abstract

If n colluding oligopolists all have the cost function C(q_i) = c * q_i, then it will not be possible to uniquely allocate among the firms the monopoly output that maximizes their joint profit. Similarly, if all plants of an n-plant firm have the cost function C(q_i) = c * q_i, then it will not be possible to uniquely allocate the firm's optimal output among the n plants. This paper identifies the necessary and sufficient conditions for such "allocative indeterminacies" to occur (i.e., the conditions to be avoided).

Suggested Citation

  • Thomas Mitchell, 1995. "Indeterminate Output Allocations in Collusive Equilibria and Multi-plant Firms," Microeconomics 9507001, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpmi:9507001
    Note: Type of Document - LaTeX (2.09); prepared on IBM PC; to print on HP LaserJet III (1Mb); pages: 9; figures: none. Only file FTP'ed is the TeX input file. With your Web browser, visit SIUC's Working Paper
    as

    Download full text from publisher

    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/9507/9507001.pdf
    Download Restriction: no
    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/9507/9507001.ps.gz
    Download Restriction: no
    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mic/papers/9507/9507001.tex
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    production theory; functional forms; ind. org.;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D2 - Microeconomics - - Production and Organizations
    • D3 - Microeconomics - - Distribution
    • D4 - Microeconomics - - Market Structure, Pricing, and Design

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wpa:wuwpmi:9507001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: EconWPA (email available below). General contact details of provider: https://econwpa.ub.uni-muenchen.de .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.