Results 11 to 20 of about 2,234,689 (207)

A timing game in a mixed duopoly

open access: yesSERIEs: Journal of the Spanish Economic Association, 2023
This paper investigates a timing game in a mixed duopoly, whereby a relatively inefficient state-owned firm maximizing the linear combination of its profit and social welfare competes against a relatively efficient, profit-maximizing private firm over ...
Chia-hung Sun
semanticscholar   +1 more source

When social assistance meets market power: A mixed duopoly view of health insurance in the United States

open access: yesEconomic Inquiry, 2023
We develop a mixed duopoly model with quality-differentiated products. The public firm offers its product for free to eligible individuals, while the private firm chooses its product quality and price to maximize profit.
Ashantha Ranasinghe, Xuejuan Su
semanticscholar   +1 more source

Privatization, pollution, and welfare in a mixed differentiated duopoly [PDF]

open access: yesPanoeconomicus, 2018
This paper investigates the impacts exerted by the residents’ environmental preference on privatization in a mixed differentiated duopoly. We assume that the production will generate environmental pollution, which causes an extra cost that the private ...
Pi Jiancai, Guan Yiwen
doaj   +1 more source

Mixed Duopolies with Advance Production [PDF]

open access: yes, 2020
Production to order and production in advance have been compared in many frameworks. In this paper we investigate a production in advance version of the capacity-constrained Bertrand-Edgeworth mixed duopoly game and determine the solution of the respective timing game.
Tamás László Balogh, Attila Tasnádi
openaire   +1 more source

Mixed duopoly: Differential game approach [PDF]

open access: yesJournal of Public Economic Theory, 2019
This study formulates a dynamic mixed oligopoly model, in which a state‐owned public firm competes against a private firm over multiple periods. We adopt a differential game formulated by Fershtman and Kamien [Econometrica 55 (1987), pp. 1151–1164] and investigate how the dynamic competition affects the optimal privatization policy. We characterize the
Koichi Futagami   +2 more
openaire   +1 more source

Endogenous Timing in Mixed Duopoly with Wage-Rise Contracts as Strategic Device [PDF]

open access: yesInternational Journal of Management, Accounting and Economics, 2020
This paper considers a mixed duopoly market in which a private firm competes against a public firm. Each firm first has to choose the timing for offering a wage-rise contract as a strategic device. The timing of the game is as follows. In stage one, each
Kazuhiro Ohnishi
doaj  

WAGE-RISE CONTRACT AND MIXED COURNOT DUOPOLY COMPETITION WITH PROFIT-MAXIMIZING AND SOCIALLY CONCERNED FIRMS

open access: yesJournal of Business & Economic Analysis, 2022
This paper investigates a Cournot game model with a nonlinear demand function where a profit-maximizing firm competes against a socially concerned firm. The timing of the game is as follows.
KAZUHIRO OHNISHI
doaj   +1 more source

Endogenous timing in a vertically differentiated mixed duopoly with Cournot competition

open access: yesArchives of Control Sciences, 2016
This paper compares the equilibrium outcomes under simultaneous and sequential output setting in a mixed duopoly in a vertically differentiated market. When the timing of the output game is determined endogenously, it is shown that simultaneous play in ...
Feng Leidong, Gu Mengdi
doaj   +1 more source

The Kreps-Scheinkman Game in Mixed Duopolies [PDF]

open access: yesJournal of Institutional and Theoretical Economics, 2017
We extend the results of Kreps and Scheinkman (1983) to mixed duopolies. We show that quantity precommitment and Bertrand competition yield Cournot outcomes not only in the case of private firms but also when a public firm is involved. We also investigate the case of public Stackelberg leadership and that of private Stackelberg leadership.
Bakó, Barna, Tasnádi, Attila
openaire   +3 more sources

Media Plurality: Private versus Mixed Duopolies [PDF]

open access: yesJournal of Public Economic Theory, 2016
AbstractIn this paper, we analyze the level of media plurality in a market with two private news firms (private duopoly) and in a market with a private news firm and a public news firm (mixed duopoly). In the private duopoly news firms maximize profits.
openaire   +2 more sources

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