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Odkrywkowa kopalnia węgla brunatnego i elektrownia jako bilateralny monopol w ujęciu klasycznym

Listed author(s):
  • Jurdziak, Leszek

Opencast lignite mine and power plant as a bilateral monopoly in classical solution Based on example of opencast lignite mine and power plant operating on liberalized energy market the classical solution maximizing joint profits of bilateral monopoly has been presented. The graphic solution of finding the optimal quantity of coal production and contract curve has been presented based on demand, marginal revenue and cost curves. The advantage of vertical integration has been shown as well as alternative possibility of finding optimal solution using formula price contracts with agreed profit division. The need of further adaptation of presented classical bilateral model and its solution has been stressed in order to take into account restrictions imposed by the fact that one side of bilateral monopoly is an opencast mine exploiting unique lignite deposit. Usage of mining optimization programs has been proposed to determine supply of coal and cost curves.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 530.

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Date of creation: 20 Oct 2006
Date of revision: 20 Oct 2006
Handle: RePEc:pra:mprapa:530
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  1. Jurdziak, Leszek & Kawalec, Witold, 2006. "Analiza wrażliwości wielkości i parametrów wyrobiska docelowego kopalni węgla brunatnego na zmianę ceny bazowej węgla," MPRA Paper 529, University Library of Munich, Germany, revised 20 Oct 2006.
  2. 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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