The objective of a privately owned firm under imperfect competition
The objective of a privately owned firm under imperfect competition
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不完全竞争条件下私营企业的目标
DOI:
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发表时间:
2008
期刊:
影响因子:
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通讯作者:
Camelia Bejan
中科院分区:
文献类型:
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作者:
Camelia Bejan
This paper proposes a model of imperfect competition among privately owned firms that act in the best interest of their shareholders. The existence of a solution for the model is proved under weaker conditions than the ones generally used in the literature. In particular, the results did not require the existence of a continuous equilibrium price selection or concavity assumptions on the profit function.