markets, the Nash-Bertrand duopoly price equals the competitive price and the Nash-Cournot price contains a markup. …

connections to one facility are congested. A model is presented for this asymmetric duopoly game that can be solved for a Nash …

abate, and marginal abatement costs will not be equalized if market shares differ. In a Cournot duopoly, endogenous …

profits to cover their fixed costs. This is an asymmetric duopoly game that can be solved for a Nash equilibrium in prices and … subsidy to the remote subcentre so that it can reduce its price. We illustrate the theory using a numerical model applied to …

fixed costs. In the absence of any government regulation, there will be an asymmetric duopoly game that can be solved for a …

fixed costs. In the absence of any government regulation, there will be an asymmetric duopoly game that can be solved for a …

This book provides a rigorous course to the theory of intermediate microeconomics. It includes not only the basic … traditional theory, but also a ¡°From the Literature¡± box in each chapter directing students to applications of the theory. The … theory is developed axiomatically, with optional sections using one-variable calculus included for interested readers. A …