Feo, Giuseppe De; Capuano, Carlo - Economics Department, University of Strathclyde - 2009
maximizes welfare may
be preferred.
Keywords: Mixed oligopoly; Nash equilibria; Endogenous Timing; Distortionary taxes.
JEL …
paper, the authors build an endogenous timing game by adding to the basic quantity game
a preplay stage at which players … SPE of the endogenous timing game. Pal
(1998) addresses the issue of endogenous order of moves in a mixed oligopoly by …