relative profit maximization
Choice of strategic variables under relative profit maximization in asymmetric oligopoly: non equivalence of price strategy and quantity strategy
... under relative profit maximization by firms in an asymmetric oligopoly with differentiated sub- stitutable goods such that there are three firms, Firm 1, 2 and 3, demand functions are linear and ...
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Incentive for adoption of new technology in duopoly under absolute and relative profit maximization
... absolute profit maximization there are three types of sub-game perfect equilibria de- pending on the value of set-up ...under relative profit maximization there are two sub-game perfect ...
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Irrelevance of conjectural variation in duopoly under relative profit maximization and consistent conjectures
... We study the equilibrium with quantity setting behavior and price setting behavior of firms in duopoly under relative profit maximization with constant conjectural varia- tions. Conjectural variation ...
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Relative profit maximization and equivalence of Cournot and Bertrand equilibria in asymmetric duopoly
... homogeneous, relative profit maximization leads to the competitive output and price (equal to marginal ...under relative profit maximization is different from the competitive ...
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Choice of strategic variables under relative profit maximization in asymmetric oligopoly: non-equivalence of price strategy and quantity strategy
... under relative profit maximization by firms in an asymmetric oligopoly with differentiated substitutable goods such that there are three firms, Firm 1, 2 and 3, demand functions are linear and ...
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Relative profit maximization in asymmetric oligopoly: Cournot and Bertrand equilibria
... their relative profits, Bertrand and Cournot equilibria are equivalent in the sense that the output and the price of each firm's good at the Bertrand equilibrium are equal to those at the Cournot equilibrium ...
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Equivalance of Cournot and Bertrand equilibria in differentiated duopoly under relative profit maximization with linear demand
... its relative profit that is the difference between its profit and the profit of the rival ...maximize relative profits, a Cournot equilibrium and a Bertrand equilibrium coincide, and ...
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Relative profit maximization in asymmetric oligopoly
... for relative profit maximization in the Cournot oligopoly and those in the Bertrand oligopoly, we can provide the reason why the equivalence of the Cournot equilibrium and the Bertrand equilibrium ...
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Irrelevance of the choice of strategic variables in duopoly under relative profit maximization
... In another unpublished paper Tanaka (2013) we have shown that in a duopoly with differentiated goods under linear demand functions when firms maximize relative profits, a Cournot equilibrium and a Bertrand ...
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Relative profit maximization and Bertrand equilibrium with quadratic cost functions
... and relative profits instead of their absolute profits themselves. The relative profit of one firm is the difference between its absolute profit and the absolute profit of the rival ...
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Relative profit maximization and irrelevance of leadership in Stackelberg model
... We study the Stackelberg equilibrium in a symmetric duopoly with differ- entiated goods in which each firm maximizes its relative profit that is the difference between its profit and the ...
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PROFIT MAXIMIZATION AND OPTIMAL SIZING OF RENEWABLE ENERGY SOURCES IN A HYBRID SYSTEM
... the profit with emission tax /restriction above a limit, the reduction in load is more useful as compared to introduction of renewable ...the profit earned don’t change quite significantly, ...the ...
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Research on Profit Maximization Scheme with Guaranteed Quality of Service in Cloud Computing
... A pricing model is developed for cloud computing which takes many factors into considerations, such as the requirement r of a service, the workload of an application environment, the configuration (m and s) of a ...
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A Survey on Profit Maximization Scheme with Guaranteed Quality of Service in Cloud Computing
... Service providers pay infrastructure providers for renting their physical resources, and charge customers for processing their service requests, which generates cost and revenue, respectively. The profit is ...
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The Effects of Energy Efficient Heating Devices on Business Profit Maximization
... The results of the CUSUM analysis revealed that total savings of 13775.34 kWh is achievable after a boiler upgrade. An investment of ₦500,000 that is capable of significantly reducing the electricity consumption rate ...
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An effective methodology for profit and benefit maximization of market participants by trading of electric energy under competitive environment
... The function of power suppliers is to deliver power to a large number of consumers. However the demands of different consumers vary in accordance with their utilities. The changes in demand shows that load on a power ...
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Profit Maximization Mechanism with Guaranteed Quality of Service in Cloud Computing
... They have proposed a pricing model for cloud computing which takes many factors into consideration, such as the requirement r of a check, the workload of an application Environment, the configuration (m and s) of a ...
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Online Relative Margin Maximization for Statistical Machine Translation
... for relative margin maximization suitable for SMT ( § ...structured relative margin objec- tive which incorporates cost-augmented hypothe- sis selection and latent ...
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Nonlinear dynamics in a Cournot duopoly with relative profit delegation
... where α 1 = α 2 = α and q′ i is the unit-time advancement of variable q i (used to simplify notation). For any given value of α and knowing that − 1 < β < 1 , from Eq. (5) it is easy to see that when β > 0 ...
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Profit maximization, win optimization and soft budget constraints in professional team sports
... sporting success independent of profit implications. However, does that mean that they maximize wins under a break-even, or zero deficit constraint? This is often not the case. Many professional team sport clubs ...
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