Duopoly market

Ebook Managerial economics: Theory and practice - Part 2 presents the following content: Chapter 9: market structure: monopolistic competition, chapter 10: market structure: duopoly and oligopoly, chapter 11: pricing practices, chapter 12: capital budgeting, chapter 13: introduction to game theory, chapter 14: risk and uncertainty, chapter 15: market failure and government intervention.

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A game like the prisoners’ dilemma is played in duopoly. A duopoly is a market in which there are only two producers that compete. Duopoly captures the essence of oligopoly. This chapter provides knowledge of oligopoly games.

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This paper develops constrained nonlinear programming to deal with this problem for two competitive ISPs. The condition for reaching the equilibrium between the two competitive firms is derived. The market equilibrium price and bandwidth resource allocations are derived as closed form solutions.

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The vast majority of U.S. residential consumers face a monopoly or duopoly in broadband Internet access. Until now, the Internet has been characterized by a regime of “net neutrality,” which means there has been no discrimination between the price of transmitting packets based on the identity of either the transmitter or the identity of the receiver, based on the application, or the type of content the packet contains.

25p doiroimavanchuadc 06-02-2013 58 3   Download