A Note on the Bounded Solution of the Bilateral Monopoly Model
AbstractAs is well known in the bilateral monopoly model, the solution regarding the price of the intermediate product cannot be determined uniquely. In this note, the author proposes a new solution that has narrower solution bound than that suggested by J. M. Henderson and R. E. Quandt (1971). Furthermore, these solutions are shown to be special cases of a generalized goal programming model with conflicting objectives between two monopolists. It was shown that with more information on taxes or preference weights, the solution range can be greatly improved.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Eastern Economic Association in its journal Eastern Economic Journal.
Volume (Year): 17 (1991)
Issue (Month): 3 (Jul-Sep)
Contact details of provider:
Postal: c/o Dr. Alexandre Olbrecht, The Anisfield School of Business 205, Ramapo College, 505 Ramapo Valley Road, Ramapo, New Jersey 07430, USA
Phone: (201) 684-7346
Web page: http://www.ramapo.edu/eea/journal.html
More information through EDIRC
Bilateral Monopoly; Monopolists; Monopoly;
Find related papers by JEL classification:
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
- B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Victor Matheson, College of the Holy Cross).
If references are entirely missing, you can add them using this form.