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- W2553616682 abstract "In the modern market economic system, there are many brokers between primary producers and final producers or consumers. For example, many farmers produce vegetables and supply them to consumers. Between the farmers and consumers there are many brokers called retailers. The involved transactions are modeled by network-structured markets. Equilibrium market prices are obtained as the optimal Lagrange multipliers. The present paper analyzes changes in equilibrium prices and quantities within network-structured markets using the Lagrange function method. Then, different network structures and different specification for the sales and cost functions within the network-structured markets are analyzed." @default.
- W2553616682 created "2016-11-30" @default.
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- W2553616682 date "2011-12-12" @default.
- W2553616682 modified "2023-09-29" @default.
- W2553616682 title "Analysis of equilibrium prices and quantities within network-structured markets applying the Lagrange function method" @default.
- W2553616682 cites W1548599196 @default.
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- W2553616682 doi "https://doi.org/10.36334/modsim.2011.d3.aiyoshi" @default.
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