Cournot Equilibrium Output Decision Research in Network Market Structure
Wang Gui-sen
Abstract
Wang Gui-sen
Abstract
Network market structure overcomes the disadvantage that traditional market structure dissevered relationship among different industries,and amends the fault that supply chain omits the reciprocity in same industry.General network market structure model has been brought forward.Then,optimization output in network market structure is contrast to traditional market structure from four different strategies,(competition,competition,competition),(competition,cooperation,cooperation),(cooperation,cooperation,competition) and(cooperation,cooperation,cooperation) in two representative network market structure models.The conclusion the optimization output in network market structure is bigger than in traditional market structure can been drawn.An example was given to prove the conclusion that been brought.
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Network market structure overcomes the disadvantage that traditional market structure dissevered relationship among different industries,and amends the fault that supply chain omits the reciprocity in same industry.General network market structure model has been brought forward.Then,optimization output in network market structure is contrast to traditional market structure from four different strategies,(competition,competition,competition),(competition,cooperation,cooperation),(cooperation,cooperation,competition) and(cooperation,cooperation,cooperation) in two representative network market structure models.The conclusion the optimization output in network market structure is bigger than in traditional market structure can been drawn.An example was given to prove the conclusion that been brought.
Key concepts: Market structure, Cournot competition, Competition (biology), Network structure, Reciprocity (cultural anthropology), Industrial organization, Microeconomics, Oligopoly