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Dynamic Profit Maximization for a Monopolist: Wolfram Demonstrations Project, Published: November 25, 2013
Mälardalen University, School of Business, Society and Engineering, Industrial Economics and Organisation. (Industriell Ekonomi)ORCID iD: 0000-0002-1545-3956
2013 (English)Other (Other academic)
Resource type
Software, multimedia
Abstract [en]

Assuming a monopoly with a dynamic cost function, with both economies of scale and learning effects over time and a dynamic linear demand function, this demonstration shows how the optimal decisions change over time and also how the profit surface in three dimensions, as a function of output and time, changes.

Place, publisher, year, pages
2013.
Keywords [en]
microeconomics, optimization, mathematics, graph theory
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:mdh:diva-23034OAI: oai:DiVA.org:mdh-23034DiVA, id: diva2:668089
Note

Mathematical software

Available from: 2013-11-28 Created: 2013-11-28 Last updated: 2015-11-13Bibliographically approved

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No full text in DiVA

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Link for download of demonstration

Authority records BETA

Papahristodoulou, Christos

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CiteExportLink to record
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Cite
Citation style
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
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Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
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Output format
  • html
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  • asciidoc
  • rtf