NDLI: Contemporary demand input models in the conditions of imperfect competition

Content Provider	IEEE Xplore Digital Library
Author	Sagi, A. Pataki, E.
Copyright Year	2015
Description	Author affiliation: Fac. of Econ., Novi Sad Univ., Subotica, Serbia (Sagi, A.) \|\| Polytech. Eng. Coll., Subotica, Serbia (Pataki, E.)
Abstract	The authors present and critically analyze contemporary microeconomic models of demand optimization of input factors in different conditions of imperfect competition on input and output markets. The first part of the work considers the problems of optimization of the application of labor and capital input in the conditions of competitive input market and the positions of a perfect monopolist, the input seller. In this part, ideas on the phenomenon of monopolistic labor exploitation are specially considered. Then, it is followed by the consideration of characteristics of input demand optimization in case of monopsony, i.e. optimization in case of competitive output market and the position of the firm as a monopsonist on input market. The concluding part of the work represents the critical analysis of the so-called bilateral monopoly, i.e. supply and demand optimization of some input when a monopolist's market strategy is optimized and harmonized, as the only bidder and monopsonist, i.e. the only buyer of some input.
Starting Page	189
Ending Page	194
File Size	185173
Page Count	6
File Format	PDF
e-ISBN	9781467393881
DOI	10.1109/SISY.2015.7325377
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2015-09-17
Publisher Place	Serbia
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Analytical models inputs (production factors) Biological system modeling bilateral monopoly monopolist input exploitation monopsony Sugar industry Monopoly Optimization Materials requirements planning agreement field
Content Type	Text
Resource Type	Article

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Production functions with imperfect competition (2008).

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