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Infinite Asymmetric Equilibria In Mixed Oligopolies

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  • Stefano Colombo

Abstract

We show that infinite asymmetric equilibria may be supported in a mixed Cournot oligopoly with identical private firms. This sharply contrasts with the case of private Cournot oligopolies, where only symmetric equilibria arise.

Suggested Citation

  • Stefano Colombo, 2018. "Infinite Asymmetric Equilibria In Mixed Oligopolies," Bulletin of Economic Research, Wiley Blackwell, vol. 70(1), pages 114-118, January.
    • Handle: RePEc:bla:buecrs:v:70:y:2018:i:1:p:e114-e118
    DOI: 10.1111/boer.12131
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    References listed on IDEAS

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    1. Hamilton, Jonathan H. & Slutsky, Steven M., 1990. "Endogenous timing in duopoly games: Stackelberg or cournot equilibria," Games and Economic Behavior, Elsevier, vol. 2(1), pages 29-46, March.
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    4. Bulow, Jeremy I & Geanakoplos, John D & Klemperer, Paul D, 1985. "Multimarket Oligopoly: Strategic Substitutes and Complements," Journal of Political Economy, University of Chicago Press, vol. 93(3), pages 488-511, June.
    5. de Fraja, Giovanni & Delbono, Flavio, 1990. "Game Theoretic Models of Mixed Oligopoly," Journal of Economic Surveys, Wiley Blackwell, vol. 4(1), pages 1-17.
    6. von Stengel, Bernhard, 2010. "Follower payoffs in symmetric duopoly games," Games and Economic Behavior, Elsevier, vol. 69(2), pages 512-516, July.
    7. Matsumura, Toshihiro, 1999. "Quantity-setting oligopoly with endogenous sequencing," International Journal of Industrial Organization, Elsevier, vol. 17(2), pages 289-296, February.
    8. Pal, Debashis, 1998. "Endogenous timing in a mixed oligopoly," Economics Letters, Elsevier, vol. 61(2), pages 181-185, November.
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    Cited by:

    1. Rune Stenbacka, 2022. "Corporate governance, product innovation, and competition," Bulletin of Economic Research, Wiley Blackwell, vol. 74(4), pages 1067-1074, October.

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