Issue |
E3S Web Conf.
Volume 565, 2024
2024 5th International Conference on Urban Engineering and Management Science (ICUEMS2024)
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Article Number | 02018 | |
Number of page(s) | 8 | |
Section | Cultural Tourism Management and Business Innovation Development | |
DOI | https://doi.org/10.1051/e3sconf/202456502018 | |
Published online | 09 September 2024 |
The Price of Anarchy in Oligopolistic Market Equilibrium: The Two-Sided Supply Chain Network Case
School of Economics and Management, Southeast University, Nanjing, Jiangsu, 211189, China
* Corresponding author: heyinhou@seu.edu.cn
Equilibrium conditions for the centralized and for the decentralized oligopolistic markets, which can be viewed as a two-sided supply chain network, are defined and determined. Then after, the price of anarchy (PoA) in oligopolistic market is defined and determined. And more, through numerical simulations, sensitivity analysis on equilibrium results for the centralized and for the centralized oligopolistic market is conducted and a wealth of (but may conflicting) insights are brought forth.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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