Concept

Price war

Related publications (16)

Optimization and equilibrium problems with discrete choice models

Many transportation markets are characterized by oligopolistic competition. In these markets customers, suppliers and regulators make decisions that are influenced by the preferences and the decisions of all other agents. In particular, capturing and under ...

EPFL2022

, ,

Oligopolistic competition occurs in various transportation markets. In this paper, we introduce a framework to find approximate equilibrium solutions of oligopolistic markets in which demand is modeled at the disaggregate level using discrete choice models ...

INFORMS2021

Price-based regulation of oligopolistic markets under discrete choice models of demand

Michel Bierlaire, Virginie Janine Camille Lurkin, Stefano Bortolomiol

We propose a framework to find optimal price-based policies to regulate markets characterized by oligopolistic competition and in which consumers make a discrete choice among a finite set of alternatives. With this framework, we can include general discret ...

EPFL2021

Price-based regulation of oligopolistic markets under discrete choice models of demand

Michel Bierlaire, Virginie Janine Camille Lurkin, Stefano Bortolomiol

We propose a framework to find optimal price-based policies to regulate markets characterized by oligopolistic competition and in which consumers make a discrete choice among a finite set of alternatives. The framework accommodates general discrete choice ...

2021

A demand-based optimization approach to find market equilibria in oligopolies

Stefano Bortolomiol

Oligopolistic competition occurs often in transportation as well as in other markets due to reasons such as barriers to entry, limited capacity of the infrastructure and external regulations. In transport oligopolies, suppliers are profit maximizers and ta ...

2019

A demand-based optimization approach to find market equilibria in oligopolies

Michel Bierlaire, Virginie Janine Camille Lurkin, Stefano Bortolomiol

Oligopolistic competition occurs when a small number of operators compete for the same pool of customers. This is often the case in transportation, due to reasons such as external regulations, economies of scale and limited capacity of the infrastructure. ...

2019

, ,

We present a general framework to find epsilon-equilibrium solutions of oligopolistic markets in which demand is modeled at the disaggregate level using discrete choice models. Consumer choices are modeled according to random utility theory, and the choice ...

2019

Equilibrium Models for Derivatives Markets with Frictions

Yuan Zhang

This thesis develops equilibrium models, and studies the effects of market frictions on risk-sharing, derivatives pricing, and trading patterns. In the chapter titled "Imbalance-Based Option Pricing", I develop an equilibrium model of fragmented options m ...

EPFL2018

Before 2013, it was widely believed that China's shale gas resources could radically alter the dynamics of supply for the world's biggest energy consumer, and there would be a shale gas boom in China, for two major reasons: China has a policy of encouragin ...

Villigen PSI, World Resources Forum, printed by Paul Scherrer Institute2015

Innovation and Market Structure in Pharmaceuticals: An Econometric Analysis on Simulated Data

Michele Pezzoni

The contribution of this paper is twofold. First, it presents the results of a "history-friendly" simulation model of evolution of the pharmaceutical industry. Second, it aims at contributing to a more general methodological discussion about agent-based mo ...

Lucius Lucius Verlag Mbh2014

Graph Chatbot

Chat with Graph Search

Ask any question about EPFL courses, lectures, exercises, research, news, etc. or try the example questions below.

DISCLAIMER: The Graph Chatbot is not programmed to provide explicit or categorical answers to your questions. Rather, it transforms your questions into API requests that are distributed across the various IT services officially administered by EPFL. Its purpose is solely to collect and recommend relevant references to content that you can explore to help you answer your questions.