A procedure for representing competitive and noncompetitive market structures in linear programming (LP) models is presented. The specification of the objective function follows from the choice of market form to be incorporated in the model. Development of the function yields demand and expenditure equations and an LP tableau with separable demands. In the event of two or more products that are not separable in demand, the nonlinear demand set can...
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INFORMATION
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1975/11/01
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Article de revue
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REP23
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1
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1
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2011/12/23
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Disclosed
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Prices and incomes in linear programming models
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Expenditures
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