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Stackelberg Social Equilibrium in Water Markets

Market power in water markets can be modeled as simultaneous quantity competition on a river structure and analyzed by applying social equilibrium. In an example of a duopoly water market, we argue that the lack of backward induction logic implies that the upstream supplier foregoes profitable strat...

Whakaahuatanga katoa

I tiakina i:
Ngā taipitopito rārangi puna kōrero
Ngā kaituhi matua: Harold Houba, Françeska Tomori
Hōputu: Artigo
Reo:Inglês
I whakaputaina: MDPI AG 2023-07-01
Rangatū:Games
Ngā marau:
Urunga tuihono:https://www.mdpi.com/2073-4336/14/4/54
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