Showing 61 - 70 of 151
This paper examines partial privatisation in a price-setting mixed duopoly model to reassess the welfare effect of production subsidies. It is shown that the result of this study is basically the same as that of the existing quantity-setting mixed market model.
Persistent link: https://www.econbiz.de/10015223914
This paper investigates a mixed duopoly model in which there is a state-owned firm competing with a foreign joint-stock firm. The following situation is considered. In the first period, each firm non-cooperatively decides how many it sells in the current market. In addition, each firm can hold...
Persistent link: https://www.econbiz.de/10015230521
This study examines a price-setting mixed duopoly with production subsidies and demonstrates that under the optimal production subsidy of each of substitutive, independent and complementary goods, profits and economic welfare are respectively identical in the three regimes of (i) a public firm...
Persistent link: https://www.econbiz.de/10015232683
This paper considers a mixed Cournot duopoly model comprising a private firm and a partially privatized public firm to reassess the effect of an increase in ambient charges, and compares the result of this study with that obtained from private Cournot duopoly competition. The paper demonstrates...
Persistent link: https://www.econbiz.de/10015235975
This paper investigates three sequential-move games with a capitalist firm, a labour-managed firm and a state-owned firm. The first game is as follows. In stage one, the capitalist firm chooses its output level. In stage two, the other firms choose their output levels simultaneously and...
Persistent link: https://www.econbiz.de/10015261090
This paper investigates a mixed duopoly model in which there is a state-owned firm competing with a foreign joint-stock firm. The following situation is considered. In the first period, each firm non-cooperatively decides how many it sells in the current market. In addition, each firm can hold...
Persistent link: https://www.econbiz.de/10015261091
This paper considers a quantity-setting oligopoly model with complementary goods where labour-managed firms are allowed to offer wage-rise contracts as a strategic commitment. The following two stages are considered. In the first stage, each firm independently decides whether or not to adopt a...
Persistent link: https://www.econbiz.de/10015261099
Which choice will a player make if he can make one of two choices in which his own payoffs are equal, but his rival’s payoffs are not equal, i.e. one with a large payoff for his rival and the other with a small payoff for his rival? This paper introduces non-altruistic equilibria for normal...
Persistent link: https://www.econbiz.de/10015261158
This paper considers a Cournot oligopoly model with a concave demand function where socially concerned firms can offer lifetime employment as a strategic commitment device. Each socially concerned firm maximizes its own profit plus a share of consumer surplus. The paper presents the reaction...
Persistent link: https://www.econbiz.de/10015261278
This paper considers a mixed triopoly model where a state-owned firm, a domestic labor-managed firm and a foreign capitalist firm are allowed to pre-install capacity as a strategic commitment device. First, each firm simultaneously and independently chooses its capacity level. None of the firms...
Persistent link: https://www.econbiz.de/10015264105