Articles producció científica> Economia

Stackelberg Social Equilibrium in Water Markets

  • Identification data

    Identifier: imarina:9329062
  • Authors:

    Houba, H
    Tomori, F
  • Others:

    Author, as appears in the article.: Houba, H; Tomori, F
    Department: Economia
    URV's Author/s: Tomori, Françeska
    Keywords: Water markets Stackelberg social equilibrium Social equilibrium Market power Duopoly stackelberg social equilibrium social equilibrium market power duopoly
    Abstract: Market power in water markets can be modeled as simultaneous quantity competition on a river structure and analyzed by applying social equilibrium. In an example of a duopoly water market, we argue that the lack of backward induction logic implies that the upstream supplier foregoes profitable strategic manipulation of water to the downstream supplier. To incorporate backward induction, we propose the Stackelberg social equilibrium concept. We prove the existence of Stackelberg social equilibrium in duopoly water markets with an upstream–downstream river structure and derive it in the example of a duopoly market.
    Thematic Areas: Statistics, probability and uncertainty Statistics and probability Social sciences, mathematical methods Mathematics, interdisciplinary applications Economics Ciencias sociales Applied mathematics
    licence for use: https://creativecommons.org/licenses/by/3.0/es/
    Author's mail: franceska.tomori@urv.cat franceska.tomori@urv.cat
    Author identifier: 0000-0002-6744-3100 0000-0002-6744-3100
    Record's date: 2024-07-20
    Papper version: info:eu-repo/semantics/publishedVersion
    Link to the original source: https://www.mdpi.com/2073-4336/14/4/54
    Licence document URL: http://repositori.urv.cat/ca/proteccio-de-dades/
    Papper original source: Games. 14 (4):
    APA: Houba, H; Tomori, F (2023). Stackelberg Social Equilibrium in Water Markets. Games, 14(4), -. DOI: 10.3390/g14040054
    Article's DOI: 10.3390/g14040054
    Entity: Universitat Rovira i Virgili
    Journal publication year: 2023
    Publication Type: Journal Publications
  • Keywords:

    Applied Mathematics,Economics,Mathematics, Interdisciplinary Applications,Social Sciences, Mathematical Methods,Statistics and Probability,Statistics, Probability and Uncertainty
    Water markets
    Stackelberg social equilibrium
    Social equilibrium
    Market power
    Duopoly
    stackelberg social equilibrium
    social equilibrium
    market power
    duopoly
    Statistics, probability and uncertainty
    Statistics and probability
    Social sciences, mathematical methods
    Mathematics, interdisciplinary applications
    Economics
    Ciencias sociales
    Applied mathematics
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