Egwald Economics: Microeconomics
Oligopoly / Public Firm Model
Elmer G. Wiens
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Click the "Submit Parameters" button to run the model online with the default settings
- results are displayed graphically -
Please set the following parameters to specify your model. If you include a government firm, and if you want it controlled by a system of bonus weights, please specify the total amount of the bonus to be paid (10-100), and the type of bonus rates. The default total bonus is 20 units.
You can also have the government target the industry output at the 'competitive level of output' to be achieved through bonus rates (4 firms or less with this option). Check out the derivation of the model at the bottom of this page.
Check Out derivation of model
Return to economics page and an explanation of the model.
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