Nash-profit efficiency: a measure of changes in market structures

DOI10.1016/j.ejor.2016.05.051zbMath1346.91167OpenAlexW2410514469MaRDI QIDQ323578

Chia-Yen Lee

Publication date: 7 October 2016

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2016.05.051

zbMATH Keywords

Nash equilibriumdata envelopment analysismixed complementarity problemimperfectly competitive marketoil and natural gas industry

Mathematics Subject Classification ID

Applications of game theory (91A80) Management decision making, including multiple objectives (90B50) Microeconomic theory (price theory and economic markets) (91B24) Economic models of real-world systems (e.g., electricity markets, etc.) (91B74)

Related Items (7)

Strategic investment decisions in an oligopoly with a competitive fringe: an equilibrium problem with equilibrium constraints approach ⋮ The role of demand response in mitigating market power: a quantitative analysis using a stochastic market equilibrium model ⋮ Market power and efficiency analysis in bi-level energy transmission market ⋮ Mixed-strategy Nash equilibrium in data envelopment analysis ⋮ Examining the benefits of load shedding strategies using a rolling-horizon stochastic mixed complementarity equilibrium model ⋮ A cross-bargaining game approach for direction selection in the directional distance function ⋮ Fixed cost allocation in two-stage system using DEA from a noncooperative view

Cites Work

• Profit, directional distance functions, and Nerlovian efficiency
• New optimality principles for economic efficiency and equilibrium
• Measuring efficiency in imperfectly competitive markets: an example of rational inefficiency
• Benefit and distance functions
• Non-cooperative games
• Finite-Dimensional Variational Inequalities and Complementarity Problems

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