IDEAS home Printed from https://ideas.repec.org/p/pra/mprapa/102847.html
   My bibliography  Save this paper

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

Author

Listed:
  • Ohnishi, Kazuhiro

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.

Suggested Citation

  • Ohnishi, Kazuhiro, 2020. "Price-setting mixed duopoly, subsidization and the order of firms' moves: the relevance of privatization," MPRA Paper 102847, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:102847
    as

    Download full text from publisher

    File URL: https://mpra.ub.uni-muenchen.de/102847/1/MPRA_paper_102847.pdf
    File Function: original version
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Kazuhiro Ohnishi, 2020. "Price-setting mixed duopoly, subsidization and the order of firms' moves: the relevance of privatization," Economics Bulletin, AccessEcon, vol. 40(4), pages 3071-3076.
    2. Kazuhiro Ohnishi, 2010. "Domestic and international mixed models with price competition," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 57(1), pages 1-7, March.
    3. repec:ebl:ecbull:v:12:y:2002:i:1:p:1-6 is not listed on IDEAS
    4. White, Mark D., 1996. "Mixed oligopoly, privatization and subsidization," Economics Letters, Elsevier, vol. 53(2), pages 189-195, November.
    5. Fjell, Kenneth & Heywood, John S., 2004. "Mixed oligopoly, subsidization and the order of firm's moves: the relevance of privatization," Economics Letters, Elsevier, vol. 83(3), pages 411-416, June.
    6. Gareth Myles, 2002. "Mixed oligopoly, subsidization and the order of firms' moves: an irrelevance result for the general case," Economics Bulletin, AccessEcon, vol. 12(1), pages 1-6.
    7. Juan Carlos Barcena-Ruiz & María Begoña Garzón, 2007. "Capacity Choice in a Mixed Duopoly under Price Competition," Economics Bulletin, AccessEcon, vol. 12(26), pages 1-7.
    8. repec:ebl:ecbull:v:12:y:2007:i:26:p:1-7 is not listed on IDEAS
    9. Joanna Poyago-Theotoky, 2001. "Mixed oligopoly, subsidization and the order of firms' moves: an irrelevance result," Economics Bulletin, AccessEcon, vol. 12(3), pages 1-5.
    10. Ohnishi, Kazuhiro, 2020. "Price-setting mixed duopoly, subsidization and the order of firms’ moves: an irrelevance result," MPRA Paper 102476, University Library of Munich, Germany.
    11. Juan Bárcena-Ruiz, 2007. "Endogenous Timing in a Mixed Duopoly: Price Competition," Journal of Economics, Springer, vol. 91(3), pages 263-272, July.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ohnishi, Kazuhiro, 2023. "International mixed triopoly, privatization and subsidization," MPRA Paper 116070, University Library of Munich, Germany.
    2. Ohnishi, Kazuhiro, 2020. "Price-setting mixed duopoly, partial privatisation and subsidisation," MPRA Paper 104063, University Library of Munich, Germany.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ohnishi, Kazuhiro, 2020. "Price-setting mixed duopoly, partial privatisation and subsidisation," MPRA Paper 104063, University Library of Munich, Germany.
    2. Kazuhiro Ohnishi, 2022. "Lifetime Employment and Stackelberg Mixed Duopoly Games with a Foreign Labour-Managed Competitor," Arthaniti: Journal of Economic Theory and Practice, , vol. 21(1), pages 27-42, June.
    3. Kazuhiro Ohnishi, 2013. "A Two-production-period Model with State-owned and Labour-managed Firms," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 5(1), pages 41-56, April.
    4. Ohnishi, Kazuhiro, 2020. "Price-setting mixed duopoly, subsidization and the order of firms’ moves: an irrelevance result," MPRA Paper 102476, University Library of Munich, Germany.
    5. Yoshihiro Tomaru & Masayuki Saito, 2010. "Mixed Duopoly, Privatization And Subsidization In An Endogenous Timing Framework," Manchester School, University of Manchester, vol. 78(1), pages 41-59, January.
    6. Kangsik, Choi, 2009. "Endogenous Timing with Government's Preference and Privatization," MPRA Paper 13844, University Library of Munich, Germany.
    7. Kazuhiro Ohnishi, 2014. "Sequential Mixed Competition with a Foreign Joint-stock Firm," International Journal of Social Sciences and Management Studies (IJSSMS), The Economics and Social Development Organization (TESDO), vol. 1(2), pages 38-52, June.
    8. Kangsik, Choi, 2009. "Privatization, Government's Preference and Unionization Structure: A Mixed Oligopoly Approach," MPRA Paper 13028, University Library of Munich, Germany.
    9. Kazuhiro Ohnishi, 2020. "Price-setting mixed duopoly, subsidization and the order of firms' moves: the relevance of privatization," Economics Bulletin, AccessEcon, vol. 40(4), pages 3071-3076.
    10. Marc Escrihuela-Villar & Carlos Gutiérrez-Hita, 2018. "A note on the privatization neutrality result with colluding private firms," Economics Bulletin, AccessEcon, vol. 38(4), pages 2016-2025.
    11. Kojun Hamada, 2018. "Privatization Neutrality Theorem: When a Public Firm Pursues General Objectives," The Japanese Economic Review, Springer, vol. 69(1), pages 59-68, March.
    12. Horn-In Kuo & Fu-Chuan Lai & K. L. Glen Ueng, 2020. "Privatization neutrality with quality and subsidies," The Japanese Economic Review, Springer, vol. 71(3), pages 405-419, July.
    13. Roy Chowdhury, Prabal, 2007. "Mixed oligopoly with consumer-friendly public firms," MPRA Paper 4255, University Library of Munich, Germany.
    14. Prabal Roy chowdhury, 2009. "Mixed Oligopoly with Distortions: First Best with Budget-balance and the Irrelevance Principle," Economics Bulletin, AccessEcon, vol. 29(3), pages 1873-1888.
    15. Kosuke Hirose & Toshihiro Matsumura, 2019. "Comparing welfare and profit in quantity and price competition within Stackelberg mixed duopolies," Journal of Economics, Springer, vol. 126(1), pages 75-93, January.
    16. Vasileios Zikos, 2007. "Stackelberg mixed oligopoly with asymmetric subsidies," Economics Bulletin, AccessEcon, vol. 12(13), pages 1-5.
    17. Amarjyoti Mahanta, 2019. "Endogenous strategic variable in a mixed duopoly," Journal of Economics, Springer, vol. 128(1), pages 47-65, September.
    18. Kojun Hamada, 2016. "Privatization neutrality theorem in a mixed oligopoly with firm asymmetry," Economics Bulletin, AccessEcon, vol. 36(1), pages 395-400.
    19. Kato, Kazuhiko & Tomaru, Yoshihiro, 2007. "Mixed oligopoly, privatization, subsidization, and the order of firms' moves: Several types of objectives," Economics Letters, Elsevier, vol. 96(2), pages 287-292, August.
    20. Scrimitore, Marcella, 2014. "Quantity competition vs. price competition under optimal subsidy in a mixed oligopoly," Economic Modelling, Elsevier, vol. 42(C), pages 166-176.

    More about this item

    Keywords

    Price competition; Subsidy; Privatization; Mixed Stackelberg duopoly; Privatized Stackelberg duopoly;
    All these keywords.

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:102847. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter (email available below). General contact details of provider: https://edirc.repec.org/data/vfmunde.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.