Research Reports from the Department of Operations

Document Type

Report

Publication Date

3-1-1965

Abstract

In this model of competitive business enterprise, all output is measured in physical units and is regarded as homogeneous. The product is produced by several firms (competitors) in their individual plants with uniform and constant technology. All the competitors have equal access to the market information which is complete and common to all; their individual action is based upon market anticipations and individual business behavior.

Keywords

Operations research, Industrial organization (Economic theory), Business enterprises--Mathematical models

Publication Title

Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University

Issue

Technical memorandum no. 32

Rights

This work is in the public domain and may be freely downloaded for personal or academic use

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