Capacity Choice in a Mixed Duopoly: The Relative Performance Approach
نویسندگان
چکیده
منابع مشابه
Irrelevance of Conjectural Variation in a Mixed Duopoly: The Case of Relative Performance and Consistent Conjectures
This study explores the equilibrium outcomes in the contexts of quantity-setting and price-setting mixed duopolies with consistent conjectures of both the social welfare maximizing public firm and the relative profit maximizing private firm. Similar to the private duopoly composed of only relative profit maximizing firms, we show that in the mixed duopoly, the equilibrium outcomes in the quanti...
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ژورنال
عنوان ژورنال: Theoretical Economics Letters
سال: 2013
ISSN: 2162-2078,2162-2086
DOI: 10.4236/tel.2013.32020