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This paper examines how farmers producing differentiated quality products choose different governance structures in a non-cooperative game between farmers, enterprises, and consumers. A cooperative and an IOF (investor owned firm) coexist in equilibrium and low quality is delivered by the...
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, profits, and overall welfare in a price regulated duopoly with exogenous symmetric locations. In contrast to other studies on …, a mixed duopoly outperforms both a private and a public duopoly due to an equilibrium price below (above) the price of … the private (public) duopoly. This medium price discourages overprovision of quality of the less efficient hospital and …
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