Oligopoly Production and Marketing Decisions with Multiple Objectives: An Application of Mathematical Programs with Optimization Problems in the Constraints.
Abstract
A model is presented which enables an oligopolist to maximize profits subject to resource constraints and to constraints on maintenance of market share in the face of collusive action by competitors. An example is formulated and is solved using recently developed optimization methods. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 1976
- Accession Number
- ADA022019
Entities
People
- James T. Mcgill
- Jerome Bracken
Organizations
- Institute for Defense Analyses