• DocumentCode
    515251
  • Title

    Game analysis on quality and price competition under profit funtion

  • Author

    Guo, Weiqi ; Sun, Shaorong

  • Author_Institution
    Manage. Coll., Shanghai Univ. of Sci. & Technol., Shanghai, China
  • Volume
    1
  • fYear
    2010
  • fDate
    9-10 Jan. 2010
  • Firstpage
    438
  • Lastpage
    441
  • Abstract
    Under socialist market economy, market is taking a leading role in private higher education. As one of the most important elements in China´s private higher education system, independent colleges should grasp higher education mechanism and market economy law to make education quality and corresponding charge price satisfy the demands of special consumption group and comply with the demands of competition among the colleges of the same kind. Meanwhile, independent colleges need to develop the equilibrium competition mechanism of education quality and charge price under the charge price restriction imposed by the government, therefore to achieve the maximization of social and economic benefits.
  • Keywords
    education; game theory; pricing; charge price restriction; education quality; equilibrium competition; game analysis; independent colleges; price competition; private higher education; profit function; socialist market economy; Decision making; Educational institutions; Educational products; Game theory; Government; Investments; Recruitment; Statistics; Stochastic processes; Technology management; Independent College; Price Competition; Profit Function; Quality Competition;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Logistics Systems and Intelligent Management, 2010 International Conference on
  • Conference_Location
    Harbin
  • Print_ISBN
    978-1-4244-7331-1
  • Type

    conf

  • DOI
    10.1109/ICLSIM.2010.5461387
  • Filename
    5461387