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Chinese Journal of Management Science ›› 2005, Vol. ›› Issue (1): 82-89.

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Market Power Analysis of Different Price Decision System in Oligopoly Market

YANG Li-jun, QI Jian-Xun, TAN Zhong-fu, LIU Yan   

  1. Business Administration School, North China Electric Power University, Beijing 102206, China
  • Received:2004-07-23 Revised:2005-01-12 Online:2005-02-28 Published:2012-03-07

Abstract: This paper builds three new game models of price decision systems in oligopoly market and figures out equilibrium results of them.Then calculates the market power of each system based on its equilibrium price and analyzes the market power of different systems contrastively,besides,construes effects of different factors on market power of different systems by example in order to find out important factors and the trends of market power development.Studying results will be expected to recognize and restrain the market power in oligopoly market effectively used by regulation organization.

Key words: oligopoly, market power, price decision system, cournot alliance, price guidance

CLC Number: