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Subsidizing purchases of public interest products: A duopoly analysis under a subsidy scheme
Luo, Chunlin1,2; Leng, Mingming3; Tian, Xin1,4; Wang, Shouyang1,5
2017-11-01
Source PublicationOPERATIONS RESEARCH LETTERS
ISSN0167-6377
Volume45Issue:6Pages:543-548
AbstractWe investigate a symmetric duopoly setting in which two manufacturers produce the traditional and public interest (PI) products under a government's subsidy scheme. A higher subsidy can increase the sale of the PI product but reduce the sale of the traditional product. Then, we study an asymmetric setting in which a manufacturer produces one of the two products and the other manufacturer produces both products. The government's optimal subsidy is increasing in the marginal externality of the PI product. (C) 2017 Elsevier B.V. All rights reserved.
KeywordPublic interest product Subsidy Duopoly Competition
DOI10.1016/j.orl.2017.08.003
Language英语
Funding ProjectNational Natural Science Foundation of China[71461009] ; National Natural Science Foundation of China[71261006] ; National Natural Science Foundation of China[71390330] ; National Natural Science Foundation of China[71202114] ; Science and technology project of Jiangxi Provincial Education Department[GJJ160436] ; General Research Fund (GRF) of the Hong Kong Research Grants Council[LU13500015]
WOS Research AreaOperations Research & Management Science
WOS SubjectOperations Research & Management Science
WOS IDWOS:000418216800003
PublisherELSEVIER SCIENCE BV
Citation statistics
Document Type期刊论文
Identifierhttp://ir.amss.ac.cn/handle/2S8OKBNM/27020
Collection系统科学研究所
Corresponding AuthorLeng, Mingming
Affiliation1.Univ Chinese Acad Sci, Sch Econ & Management, Beijing 100190, Peoples R China
2.Jiangxi Univ Finance & Econ, Sch Informat Technol, Nanchang 330013, Jiangxi, Peoples R China
3.Lingnan Univ, Fac Business, Tuen Mun, Hong Kong, Peoples R China
4.Chinese Acad Sci, Res Ctr Fictitious Econ & Data Sci, Beijing 100190, Peoples R China
5.Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China
Recommended Citation
GB/T 7714
Luo, Chunlin,Leng, Mingming,Tian, Xin,et al. Subsidizing purchases of public interest products: A duopoly analysis under a subsidy scheme[J]. OPERATIONS RESEARCH LETTERS,2017,45(6):543-548.
APA Luo, Chunlin,Leng, Mingming,Tian, Xin,&Wang, Shouyang.(2017).Subsidizing purchases of public interest products: A duopoly analysis under a subsidy scheme.OPERATIONS RESEARCH LETTERS,45(6),543-548.
MLA Luo, Chunlin,et al."Subsidizing purchases of public interest products: A duopoly analysis under a subsidy scheme".OPERATIONS RESEARCH LETTERS 45.6(2017):543-548.
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