search query: @author Hobbs, B. F. / total: 3
reference: 1 / 3
« previous | next »
| Author: | Hobbs, B. F. |
| Title: | Network models of spatial oligopoly with an application to deregulation of electricity generation. |
| Journal: | Operations Research
1986 : MAY-JUN, VOL. 34:3, p. 395-409 |
| Index terms: | OLIGOPOLY ELECTRICITY SUPPLY INDUSTRY BUSINESS-GOVERNMENT RELATIONS LOCATION OF INDUSTRY |
| Language: | eng |
| Abstract: | Linear programmes are used to obtain short-run spatial price equilibrium for a deregulated bulk power market in upstate New York. These models,unlike most previous models of imperfect competition,capture spatial variations in production costs and demand functions. Two models are presented. One calculates a Nash-Bertrand equilibrium in which each firm believes that rivals will not react to price changes. This equilibrium represents the most intense level of competition to be expected. The other model yields limit prices that are designed to disencourage new firms from entering the market. |
« previous | next »
SCIMA