Ogawa, Hikaru; Nishimori, Akira - In: Economics Bulletin 12 (2004) 2, pp. 1-7
We analyze the capacity choice of firms in a long-run mixed oligopoly market, in which firms decide not only production quantity but also capacity scale. Our main purpose is to show that while a profit-maximizing firm maintains over capacity as a strategic device, a firm pursuing non-pure profit...