SPATIAL OLIGOPOLIES WITH COOPERATIVE DISTRIBUTION

Maria Sandsmark ()
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Maria Sandsmark: Møreforsking (Molde Research Institute), Britveien 4, 6411 Molde, Norway

International Game Theory Review (IGTR), 2009, vol. 11, issue 01, 33-40

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.

Keywords: Spatial oligopolies; core allocation; Nash equilibrium; C61; C71; C72; L13 (search for similar items in EconPapers)
JEL-codes: B4 C0 C6 C7 D5 D7 M2 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (3)

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DOI: 10.1142/S0219198909002194

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