Pregled bibliografske jedinice broj: 778187
Duality in monopoly
Duality in monopoly // Proceedings of the 13th International Symposium on OPERATIONAL RESEARCH, SOR '15 / L. Zadnik Stirn, J. Žerovnik, M. Kljajić Boršar and S. Drobne (ur.).
Ljubljana: Statistical Office of the Republik of Slovenia, 2015. str. 199-205 (predavanje, međunarodna recenzija, cjeloviti rad (in extenso), znanstveni)
CROSBI ID: 778187 Za ispravke kontaktirajte CROSBI podršku putem web obrasca
Naslov
Duality in monopoly
Autori
Vrankić, Ilko ; Krpan, Mira
Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni
Izvornik
Proceedings of the 13th International Symposium on OPERATIONAL RESEARCH, SOR '15
/ L. Zadnik Stirn, J. Žerovnik, M. Kljajić Boršar and S. Drobne - Ljubljana : Statistical Office of the Republik of Slovenia, 2015, 199-205
ISBN
978-961-6165-45-7
Skup
The 13th International Symposium on Operational Research in Slovenia
Mjesto i datum
Bled, Slovenija, 23.09.2015. - 25.09.2015
Vrsta sudjelovanja
Predavanje
Vrsta recenzije
Međunarodna recenzija
Ključne riječi
duality; pseudo production function; pseudo cost function; profit function; Hotelling's lemma
Sažetak
This paper follows our theoretical research on duality in microeconomic theory and applies the duality principles, which rest on the price taking behaviour of economic subjects, on the monopolistic behaviour. The standard approach of deriving the profit function for the monopolist from the production function and defined pseudo production function is accompanied by the alternative approach in which the starting point is the pseudo cost function. Finally, starting from the derived profit function the pseudo production function is recovered and a version of Hotelling’s lemma is given. All results are illustrated with a numerical example.
Izvorni jezik
Engleski
Znanstvena područja
Matematika, Ekonomija
POVEZANOST RADA
Ustanove:
Ekonomski fakultet, Zagreb
