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Wpływ optymalizacji kopalń odkrywkowych na rozwiązanie modelu bilateralnego monopolu: kopalnia & elektrownia w długim okresie

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  • Jurdziak, Leszek

Abstract

THE INFLUENCE OF LIGNITE OPENCAST MINE OPTIMISATION ON SOLUTION OF BILATERAL MONOPOLY MODEL OF LIGNITE MINE & POWER PLANT IN LONG RUN The classical and modified solution of bilateral monopoly for the system of opencast mine and power plant has been presented both using graphical and analytical methods. Determined through pit optimization and parameterization the influence of lignite base price on lignite supply in long run and on volatility of nested pits’ parameters (e.g. overburden to coal ratio) and quality of lignite contained in them (calorific value, sulphur and ash content) has been used to find optimal solution for bilateral monopoly: mine & power plant. It was shown that in contrary to the classical solution the modified one is determined not only in area of quantity of intermediate product (lignite) but also in its price. The hypothetical solution for the pit placed on the “Szczerców” deposit has been shown and discussed.

Suggested Citation

  • Jurdziak, Leszek, 2006. "Wpływ optymalizacji kopalń odkrywkowych na rozwiązanie modelu bilateralnego monopolu: kopalnia & elektrownia w długim okresie," MPRA Paper 531, University Library of Munich, Germany, revised 23 Oct 2006.
  • Handle: RePEc:pra:mprapa:531
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    File URL: https://mpra.ub.uni-muenchen.de/531/1/MPRA_paper_531.pdf
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    References listed on IDEAS

    as
    1. Blair, Roger D & Kaserman, David L, 1987. "A Note on Bilateral Monopoly and Formula Price Contracts," American Economic Review, American Economic Association, vol. 77(3), pages 460-463, June.
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    1. Jurdziak, Leszek, 2006. "Wpływ struktury organizacyjno-właścicielskiej na funkcjonowanie bilateralnego monopolu kopalni węgla brunatnego i elektrowni," MPRA Paper 533, University Library of Munich, Germany, revised 23 Oct 2006.
    2. Jurdziak, Leszek & Woźniak (Wiktorowicz), Justyna, 2008. "Identyfikacja Czynników Ryzyka W Bilateralnym Monopolu Kopalni I Elektrowni [Identification Of Risk Factors In A Bilateral Monopoly Of A Mine And A Power Plant]," MPRA Paper 75181, University Library of Munich, Germany.

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    More about this item

    Keywords

    bilateral monopoly; open pit optimisation; lignite price; price negotiation; lignite supply; lignite quality;
    All these keywords.

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation

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