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Consistent Conjectural Variations Equilibrium in a Semi-mixed Duopoly

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Part of the Lecture Notes in Networks and Systems book series (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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© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021

Authors and Affiliations

  1. 1.Department of Physics and MathematicsUniversidad Autoonoma de Nuevo LéonSan Nicolas de los GarzaMexico
  2. 2.Department of Systems and Industrial EngineeringTecnologico de Monterrey ITESM/Campus MonterreyMonterreyMexico
  3. 3.Department of Computer ScienceUniversity of Texas at El PasoEl PasoUSA

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