Bertrand price competition between public firm and private company

摘要：

　　We investigate a mixed oligopoly with Bertrand price competition.We establish a Bertrand game in which the public enterprises purpose is to maximize the profit of the industry/system consist of two firms,one is the public enterprise and the other is the private firm, while the private companys goal is to maximize its own profit.The results show that, the privatization may be able to increase equilibrium price and total social surplus.

关键词： mixed market public enterprise private company Bertrand game

作者: Hua-ying YU Han-jiang ZHANG

作者单位: College of Economics and Trade, Hunan University, Changsha, China

会议类型: 国际会议

会议名称: The 5th International Conference on Logistics and Supply Chain Management 2015(第五届物流工程与供应链管理国际研讨会)

会议地点: 长沙

会议语种:英文

页码: 180-185

在线出版日期: 2015-12-01（万方平台首次上网日期，不代表论文的发表时间）