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Consistent Conjectural Variations Equilibrium in a Semi-mixed Duopoly

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Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 138))

Abstract

Consider a semi-mixed duopoly with two producers where \(i=0\) is a semi-public company and \(i=1\) is a private firm. The companies supply a homogeneous produce under the expenditure estimated by the cost functions \(f_i (q_i )\), \(i=0,1\), where \(q_i\ge 0\) is the output volume by producer i. The market-clearing supply is specified by a demand (inverse price) function \(G=G(p)\), whose argument p is the price suggested by the suppliers.

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Correspondence to José Guadalupe Flores Muñiz .

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Flores Muñiz, J.G., Kalashnykova, N., Kalashnikov, V.V., Kreinovich, V. (2021). Consistent Conjectural Variations Equilibrium in a Semi-mixed Duopoly. In: Public Interest and Private Enterprize: New Developments. Lecture Notes in Networks and Systems, vol 138. Springer, Cham. https://doi.org/10.1007/978-3-030-58349-1_2

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  • DOI: https://doi.org/10.1007/978-3-030-58349-1_2

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  • Online ISBN: 978-3-030-58349-1

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