نتایج جستجو برای: supply function equilibrium

تعداد نتایج: 1463252  

In this paper, greening, pricing, and advertising policies in a supply chain will be examined with government intervention. The supply chain has two members. First, a manufacturer seeking to determine the wholesale price and the greening level and second, a retailer that has to determine the advertising cost and the retail price. The government is trying to encourage the manufacturer to green t...

This paper develops a decentralized leader-follower game for network design of a competitive supply chain problem in which a new chain as the leader enters a market with one existing supply chain as a follower. Both chains produce an identical product, customer demand is inelastic and customer utility function is based on Huff gravity-based model. The leader wants to shape his network and set a...

Journal: :Operations Research 2009
Victor DeMiguel Huifu Xu

We study an oligopoly consisting of M leaders and N followers that supply a homogeneous product (or service) noncooperatively. Leaders choose their supply levels first, knowing the demand function only in distribution. Followers make their decisions after observing the leader supply levels and the realized demand function. We term the resulting equilibrium a stochastic multiple-leader Stackelbe...

The Iranian electricity industry has been restructured following the global experiences. The main objective of restructuring is transition from natural monopoly towards competition in order to improve efficiency. Currently, the Iranian electricity market is performing as imperfect competition and Pay-as-Bid (PAB) auctions are the major trade mechanism in this market. This paper proves that Supp...

Journal: :Operations Research 2008
Edward J. Anderson Xinmin Hu

Firms compete in supply functions when they offer a schedule of prices and quantities into a market; for example, this occurs in many wholesale electricity markets. We study the equilibrium behaviour when firms differ, both with regard to their costs and their capacities. We characterize the types of equilibrium solution that can occur. If the demand can be low enough for it to be met economica...

2000
Y. F. Liu

The paper studies the impacts of learning behaviour of electrical-power suppliers on electricity-spot-market equilibrium under repeated linear supply-function bidding. In the markets, the supplier will conduct ‘learning’ to improve his strategic bidding in order to obtain greater profit. Therefore, it is significant to explore the impacts of such learning behaviour on market equilibria and mark...

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