Basak, Debasmita - In: Games 14 (2023) 4, pp. 1-8
We consider a vertically related market where one quantity-setting and another price-setting downstream firm negotiate … that the price-setting firm produces a higher output and earns a higher profit than the quantity-setting firm when … bargaining is decentralised. Additionally, both firms produce the same output, whereas the profit is higher under the price …