Amir, Rabah; De Feo, Giuseppe - Dipartimento di Scienze Economiche e Aziendali, … - 2012
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...