Selecting Coal-electricity Vertical Relationship to Maximize the Industrial Chain Profit

摘要：

We develop a coal-electricity vertical relationship model with two upstream firms and two downstream firms, and solve it for different vertical relationships. By comparing the equilibrium results in different vertical relationships, we fred that government evaluation criteria and industrial chain profitability are the main determinants of coalelectricity vertical relationship. Finally we deduce the optimal coal-electricity vertical relationship to maximize the industrial chain profit.

关键词： coal-electricity relationship vertical integration Cournot duopoly model

作者: LIU Bing ZHANG Guangxian

作者单位: School of Economics,Shandong Institute of Business and Technology,Yantai,P.R.China,264005

会议类型: 国际会议

会议名称: 2010 International Conference on Technology Innovation and Industry Development(2010年技术创新与产业发展国际研讨会)

会议地点: 烟台

会议语种:英文

页码: 756-759

在线出版日期: 2010-09-17（万方平台首次上网日期，不代表论文的发表时间）