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Modeling and Solving the Benchmark Case in a Diferentiated Stackelberg Duopoly Cover

Modeling and Solving the Benchmark Case in a Diferentiated Stackelberg Duopoly

Open Access
|Jan 2013

Abstract

A particular multilevel optimization problem, generated by a concrete economic problem related to technology transfer area, is approached in the present paper. We study the case when two firms compete on the market in a diferentiated Stackelberg model and there is no technology transfer between the innovator firm (the leader firm) and the follower firm. A mathematical model is attached to this particular economic problem and an optimal solution is found. The model consists in a multilevel parametric programming problem, in which both the upper and the lower level functions are to be maximized under some given conditions.

DOI: https://doi.org/10.2478/v10324-012-0012-5 | Journal eISSN: 1841-3307 | Journal ISSN: 1841-3293
Language: English
Page range: 15 - 25
Published on: Jan 15, 2013
Published by: West University of Timisoara
In partnership with: Paradigm Publishing Services
Publication frequency: Volume open

© 2013 Oana Ruxandra Tuns (Bode), published by West University of Timisoara
This work is licensed under the Creative Commons License.