Haraguchi, Junichi; Matsumura, Toshihiro - In: Research in Economics 68 (2014) 4, pp. 338-353
We characterize the endogenous competition structure (in prices or quantities) in a differentiated duopoly between a public firm that maximizes domestic welfare and a private firm that can be owned by domestic or foreign investors. The market for which they compete can be domestic or integrated:...