Endogenous Timing in a Mixed Oligopoly with Foreign Competitors: the Linear Demand Case
نویسندگان
چکیده
منابع مشابه
Endogenous Timing in a Mixed Oligopoly with Foreign Competitors: the Linear Demand Case
We introduce foreign private firms into the model of Pal (1998) and investigate the impact of the introduction of foreign private firms on the endogenous timing in a mixed oligopoly in the linear demand case. We find that the public firm chooses to be a follower of all domestic private firms and that the public firm chooses not to be a leader of all foreign private firms, which is in contrast t...
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This is the first paper to consider a mixed oligopoly in which a public Stackelberg leader competes with both domestic and foreign private firms. The welfare maximizing leader is shown to always produce less than under previous Cournot conjectures. Introducing leadership also alters previous public pricing rules resulting in prices that may be either greater than or less than marginal cost depe...
متن کاملEndogenous timing in a mixed duopoly
This paper addresses the issue of endogenizing the equilibrium solution when a private domestic or foreign rm competes in the quantities with a public, welfare maximizing rm. Theoretical literature on mixed oligopolies provides results and policy implications that crucially rely on the notion of equilibrium assumed, either sequential or simultaneous. In the framework of the endogenous timin...
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ژورنال
عنوان ژورنال: Journal of Economics
سال: 2006
ISSN: 0931-8658
DOI: 10.1007/s00712-006-0186-6