Munich Personal RePEc Archive

Price-setting mixed duopoly, subsidization and the order of firms' moves: the relevance of privatization

Ohnishi, Kazuhiro (2020): Price-setting mixed duopoly, subsidization and the order of firms' moves: the relevance of privatization.

[img]
Preview
PDF
MPRA_paper_102847.pdf

Download (132kB) | Preview

Abstract

This paper first examines a price-setting mixed duopoly game with production subsidies where a public firm acts as a leader against a private firm. Second, the paper examines a price-setting duopoly game with production subsidies where the public firm remains a leader after privatization. Third, the paper compares the equilibrium values for private leadership with those for public leadership.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.