Asymmetric competition in food industry with product substitutability

Asymmetric competition in food industry with product substitutability

The paper analyses the effects of asymmetric competition on food industry with product substitutability by establishing a two-stage dynamic game model. The equilibrium is captured under both the Cournot competition and Stackelberg competition. Firstly, under the Cournot competition, lower costs yiel...

Full description

Bibliographic Details
Main Authors: Yong-Cong YANG, Pu-Yan NIE
Format: Article
Language:English
Published: Czech Academy of Agricultural Sciences 2016-07-01
Series:Agricultural Economics (AGRICECON)
Subjects:
food quality
game theory
non-cooperative
product substitutability
Online Access:https://agricecon.agriculturejournals.cz/artkey/age-201607-0003_asymmetric-competition-in-food-industry-with-product-substitutability.php

Internet

https://agricecon.agriculturejournals.cz/artkey/age-201607-0003_asymmetric-competition-in-food-industry-with-product-substitutability.php

Similar Items