TY - JOUR
T1 - Retailer Leadership under Monopolistic Competition
AU - Tilzo, O. A.
N1 - FUNDING: The study was carried out within the framework of the state assignment for the Sobolev Institute of Mathematics, project no. FWNF-2022-0019.
PY - 2022/10/1
Y1 - 2022/10/1
N2 - We investigate a modification of the Dixit–Stiglitz model supplemented by retailing;namely, we consider various situations of Stackelberg equilibrium under retailer leadership and thecondition of free entry of manufacturers to the market. For each of the situations, we providedetailed solutions considered taking into account the preferences of participants in the marketinteraction. This allows one to understand which of the considered situations are most beneficialto occur for retailer, manufacturers, and for society as a whole. Moreover, optimal taxation isconsidered. Situations are revealed when it is beneficial for the state to tax and when, on thecontrary, to subsidize the producer.
AB - We investigate a modification of the Dixit–Stiglitz model supplemented by retailing;namely, we consider various situations of Stackelberg equilibrium under retailer leadership and thecondition of free entry of manufacturers to the market. For each of the situations, we providedetailed solutions considered taking into account the preferences of participants in the marketinteraction. This allows one to understand which of the considered situations are most beneficialto occur for retailer, manufacturers, and for society as a whole. Moreover, optimal taxation isconsidered. Situations are revealed when it is beneficial for the state to tax and when, on thecontrary, to subsidize the producer.
KW - Dixit–Stiglitz model
KW - Staсkelberg equilibrium
KW - consumer surplus
KW - public welfare
KW - retailer
UR - https://www.scopus.com/inward/record.url?eid=2-s2.0-85144498327&partnerID=40&md5=5cdc93bc5f903af2ae9bf0fa5d598423
UR - https://www.mendeley.com/catalogue/734325c8-b1b7-310c-8dfb-499fb6c6c413/
U2 - 10.1134/S00051179220100186
DO - 10.1134/S00051179220100186
M3 - Article
VL - 83
SP - 1665
EP - 1678
JO - Automation and Remote Control
JF - Automation and Remote Control
SN - 0005-1179
IS - 10
ER -