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This paper applies the framework of endogenous timing in games to mixed quantity duopoly, wherein a private domestic or foreign firm competes with a public, welfare maximizing firm. We show that simultaneous play never emerges as a subgame-perfect equilibrium of the extended game, in sharp...
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In this paper we provide necessary and sufficient conditions for the existence of a Cournot equilibrium when demand is rho-linear and firms are identical and produce under constant returns to scale. We focus on inelastic and convex demand which yields non concave profit functions.We show that...
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