Price Competition in a Mixed Duopoly

We analyze sequential and simultaneous price setting under a mixed duopoly with homogeneous products and symmetric quadratic cost functions. When public firm is the follower, there exists the case that the equilibrium price is highest of all timings.

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Year of publication:	2006-07-18
Authors:	Ogawa, Akira ; Kato, Kazuhiko
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 12.2006, 4, p. 1-5
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Classification:	L3 - Nonprofit Organizations and Public Enterprise ; D4 - Market Structure and Pricing
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010835807