Production Cost Heterogeneity in a Circular-City Model

We derive the closed-form solution characterizing the equilibrium in a circular-city model with competing firms of heterogeneous production costs. Tractability issues in this setting are well known and have not been resolved in prior work. In this paper, the equilibrium solution illustrates effects...

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Main Authors:	LIN, Mei, WU, Ruhai
Format:	text
Language:	English
Published:	Institutional Knowledge at Singapore Management University 2015
Subjects:	Circular-city model cost heterogeneity game theory Computer Sciences Management Information Systems
Online Access:	https://ink.library.smu.edu.sg/sis_research/1962 https://ink.library.smu.edu.sg/context/sis_research/article/2961/viewcontent/ProductionCostHeterogeneity_CircularCityModel_2015.pdf
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Institution:	Singapore Management University
Language:	English

id	sg-smu-ink.sis_research-2961
record_format	dspace
spelling	sg-smu-ink.sis_research-29612016-01-27T00:54:01Z Production Cost Heterogeneity in a Circular-City Model LIN, Mei WU, Ruhai We derive the closed-form solution characterizing the equilibrium in a circular-city model with competing firms of heterogeneous production costs. Tractability issues in this setting are well known and have not been resolved in prior work. In this paper, the equilibrium solution illustrates effects of production costs on firms’ strategic decisions, their aggregate profit, and consumer surplus. 2015-07-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/sis_research/1962 info:doi/10.1016/j.orl.2015.04.010 https://ink.library.smu.edu.sg/context/sis_research/article/2961/viewcontent/ProductionCostHeterogeneity_CircularCityModel_2015.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Computing and Information Systems eng Institutional Knowledge at Singapore Management University Circular-city model cost heterogeneity game theory Computer Sciences Management Information Systems
institution	Singapore Management University
building	SMU Libraries
continent	Asia
country	Singapore Singapore
content_provider	SMU Libraries
collection	InK@SMU
language	English
topic	Circular-city model cost heterogeneity game theory Computer Sciences Management Information Systems
spellingShingle	Circular-city model cost heterogeneity game theory Computer Sciences Management Information Systems LIN, Mei WU, Ruhai Production Cost Heterogeneity in a Circular-City Model
description	We derive the closed-form solution characterizing the equilibrium in a circular-city model with competing firms of heterogeneous production costs. Tractability issues in this setting are well known and have not been resolved in prior work. In this paper, the equilibrium solution illustrates effects of production costs on firms’ strategic decisions, their aggregate profit, and consumer surplus.
format	text
author	LIN, Mei WU, Ruhai
author_facet	LIN, Mei WU, Ruhai
author_sort	LIN, Mei
title	Production Cost Heterogeneity in a Circular-City Model
title_short	Production Cost Heterogeneity in a Circular-City Model
title_full	Production Cost Heterogeneity in a Circular-City Model
title_fullStr	Production Cost Heterogeneity in a Circular-City Model
title_full_unstemmed	Production Cost Heterogeneity in a Circular-City Model
title_sort	production cost heterogeneity in a circular-city model
publisher	Institutional Knowledge at Singapore Management University
publishDate	2015
url	https://ink.library.smu.edu.sg/sis_research/1962 https://ink.library.smu.edu.sg/context/sis_research/article/2961/viewcontent/ProductionCostHeterogeneity_CircularCityModel_2015.pdf
_version_	1770571735469391872

Production Cost Heterogeneity in a Circular-City Model

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