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Oligopoly with Consumer-friendly Firm in an Endogenous Timing Framework

內生時間架構下關心消費者廠商的寡佔市場分析

摘要


本論文建構一個寡占產業模型,有m+1家的廠商,其中m家是利潤極大化廠商外,另有一家關懷消費者的廠商。我們在內生時間架構下分別分析Stackelberg與Cournot競爭,証明當關懷消費者的廠商是市場領導者時,相較於其他兩種情況,因其社會福利最高是優勢策略,此外,証明關懷消費者的廠商有先動優勢,而利潤極大化廠商則無此優勢。

並列摘要


In this paper we consider an oligopolistic industry with m+1 firms in which there are m profit-maximizing firms and one consumer-friendly firm. We analyze Stackelberg competition and Cournot competition in an endogenous-timing framework, and show that the social welfare with consumer-friendly firm as a leader is the highest relative to the other two cases. We also show that the consumer friendly firm exhibits the first-mover advantage whereas the pure profit-maximizing firms do not have such an advantage.

參考文獻


Chowdhury, P.R.(2007).Mixed Oligopoly with Consumer-friendly Public Firms.MPRA Paper.(MPRA Paper).,未出版.
Hamilton, J.,Slutsky, S.(1990).Endogenous Timing in Duopoly Games: Stackelberg or Cournot Equilibria.Games and Economic Behavior.2,29-49.
Goering, G.E.(2007).The Strategic Use of Managerial Incentives in A Non-profit Firm Mixed Duopoly.Managerial and Decision Economics.28,83-91.
Porter, M. E.,Kramer, M. R.(2006).Strategy and Society: The Link between Competitive Advantage and Corporate Social Responsibility.Harvard Business Review.84,78-92.
Wang, L.F.S.,Wang, Y.C.,Zhao, L.(2012).Tariff Policy and Welfare in An International Duopoly with Consumer-friendly Initiative.Bulletin of Economic Research.64,56-64.

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