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- W2352914747 abstract "The multi-market competition strategies of the incumbent electrical retailer across areas are analyzed in the electrical retail market based on the model of asymmetric duopoly price competition.After the separation of the transmission,distribution and sales of electricity,competition intensity and strategies are impacted by the share of loyal consumers and switching cost of active consumers,which make perfect competition difficulty.The results of the model and numerical examples show that expect equilibrium price is not the increasing function of switching cost.The decrease of switching cost may increase the market power as the loyal consumers share of the big company is high,while the price under bilateral access with low switching cost may higher than the expect price under unilateral access with high that as the loyal consumers share of the big company is not too high." @default.
- W2352914747 created "2016-06-24" @default.
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- W2352914747 date "2010-01-01" @default.
- W2352914747 modified "2023-09-25" @default.
- W2352914747 title "Multi-market competition with switching cost and two category consumers:On the example of electrical retail market" @default.
- W2352914747 hasPublicationYear "2010" @default.
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