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Endogenous timing in a mixed duopoly model

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  • José Naya

Abstract

This paper complements the existing literature on endogenous timing in mixed duopoly models by assuming that there is a private firm and a partly privatized one in the market. It is shown that the endogenous timing of the game depends on both the partially privatized firm degree of privatization and the existing product differentiation. However, the obtained results assuming Cournot competition are quite different to those obtained under Bertrand competition. Copyright Springer-Verlag Wien 2015

Suggested Citation

  • José Naya, 2015. "Endogenous timing in a mixed duopoly model," Journal of Economics, Springer, vol. 116(2), pages 165-174, October.
    • Handle: RePEc:kap:jeczfn:v:116:y:2015:i:2:p:165-174
    DOI: 10.1007/s00712-014-0416-2
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    References listed on IDEAS

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    Cited by:

    1. Yasuhiko Nakamura, 2019. "Combining the Endogenous Choice of the Timing of Setting the Levels of Strategic Contracts and Their Contents in a Managerial Mixed Duopoly," Journal of Industry, Competition and Trade, Springer, vol. 19(2), pages 235-261, June.
    2. Kojun Hamada, 2021. "Endogenous timing in a mixed duopoly under the optimal degree of privatization," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 92(4), pages 689-704, December.
    3. Akio Kawasaki, 2021. "Optimal number of privatised products in a differentiated mixed oligopoly with free market entry," Australian Economic Papers, Wiley Blackwell, vol. 60(4), pages 651-663, December.
    4. João Correia-da-Silva & Joana Pinho, 2018. "Collusion in mixed oligopolies and the coordinated effects of privatization," Journal of Economics, Springer, vol. 124(1), pages 19-55, May.
    5. Toshihiro Matsumura & Makoto Okamura, 2015. "Competition and privatization policies revisited: the payoff interdependence approach," Journal of Economics, Springer, vol. 116(2), pages 137-150, October.
    6. Din Hong-Ren & Sun Chia-Hung, 2018. "Endogenous Timing in Vertically-Related Markets," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 18(2), pages 1-18, July.
    7. Akio Kawasaki & Takao Ohkawa & Makoto Okamura, 2022. "Optimal partial privatization in an endogenous timing game: a mixed oligopoly approach," Journal of Economics, Springer, vol. 136(3), pages 227-250, August.
    8. Nakamura, Yasuhiko, 2019. "Combining the endogenous choice of the timing of setting incentive parameters and the contents of strategic contracts in a managerial mixed duopoly," International Review of Economics & Finance, Elsevier, vol. 59(C), pages 207-233.
    9. Yasuhiko Nakamura, 2018. "Competition and Privatisation Policies in a Differentiated Mixed Oligopoly: The Pay†off†interdependence Approach," Australian Economic Papers, Wiley Blackwell, vol. 57(2), pages 193-216, June.
    10. Arturo García & Mariel Leal & Sang-Ho Lee, 2019. "Endogenous Timing with a Socially Responsible Firm," Korean Economic Review, Korean Economic Association, vol. 35, pages 345-370.
    11. Chen, Jiaqi & Lee, Sang-Ho, 2020. "Endogenous timing game with R&D decisions and output subsidies," MPRA Paper 99503, University Library of Munich, Germany.
    12. Yan, Qingyou & Yang, Le, 2018. "Optimal licensing schemes for a mixed ownership firm when facing uncertain R&D outcomes and technology spillover," International Review of Economics & Finance, Elsevier, vol. 58(C), pages 550-572.
    13. Junichi Haraguchi & Toshihiro Matsumura, 2020. "Endogenous public and private leadership with diverging social and private marginal costs," Manchester School, University of Manchester, vol. 88(5), pages 699-730, September.
    14. Hong-Ren Din & Chia-Hung Sun, 2016. "Combining the endogenous choice of timing and competition version in a mixed duopoly," Journal of Economics, Springer, vol. 118(2), pages 141-166, June.
    15. Sang-Ho Lee & Timur K. Muminov, 2021. "Endogenous Timing of R&D Decisions and Privatization Policy with Research Spillovers," Journal of Industry, Competition and Trade, Springer, vol. 21(4), pages 505-525, December.
    16. Yasuhiko Nakamura, 2020. "Endogenously choosing the timing of setting strategic contracts’ levels and content in a managerial mixed duopoly with welfare-based and sales delegation contracts," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 67(3), pages 363-402, September.
    17. Armel Jacques, 2022. "Endogenous timing of technological choices of flexibility in a mixed duopoly," TEPP Working Paper 2022-04, TEPP.
    18. Sang-Ho Lee & Lili Xu, 2018. "Endogenous timing in private and mixed duopolies with emission taxes," Journal of Economics, Springer, vol. 124(2), pages 175-201, June.
    19. Akio Kawasaki & Takao Ohkawa & Makoto Okamura, 2020. "Endogenous timing game in a mixed duopoly with partial foreign ownership and asymmetric increasing marginal costs," Australian Economic Papers, Wiley Blackwell, vol. 59(2), pages 71-87, June.
    20. Kojun Hamada, 2020. "Mixed duopoly in quantity competition under the optimal privatization rate," Economics Bulletin, AccessEcon, vol. 40(1), pages 689-698.
    21. Yasuhiko Nakamura, 2019. "Endogenous Choice of the Timing of Setting Incentive Parameters and the Strategic Contracts in a Managerial Mixed Duopoly with a Welfare-Based Delegation Contract and a Sales Delegation Contract," Journal of Industry, Competition and Trade, Springer, vol. 19(4), pages 679-737, December.
    22. Kojun Hamada, 2021. "Mixed duopoly in price competition under the optimal privatization rate," Economics Bulletin, AccessEcon, vol. 41(3), pages 1282-1291.
    23. Qing Hu & Tomomichi Mizuno, 2021. "Endogenous timing and manufacturer advertising: A note," Metroeconomica, Wiley Blackwell, vol. 72(2), pages 309-320, May.

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    More about this item

    Keywords

    Mixed oligopoly; Cournot and Bertrand competition; Endogenous timing; L00; L13; L33;
    All these keywords.

    JEL classification:

    • L00 - Industrial Organization - - General - - - General
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L33 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Comparison of Public and Private Enterprise and Nonprofit Institutions; Privatization; Contracting Out

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