대한산업공학회지 (Journal of Korean Institute of Industrial Engineers)
- 제20권1호
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- Pages.113-120
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- 1994
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- 1225-0988(pISSN)
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- 2234-6457(eISSN)
Duopoly Model of a Congested Market
초록
A duopoly model is developed in order to examine the effect of imperfect competition on the price-setting behavior of competing providers in a congested market. Multiple Nash price equilibria are found and the implications of such multiple price equilibria are discussed.
키워드