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

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  • 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
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    File URL: https://mpra.ub.uni-muenchen.de/102847/1/MPRA_paper_102847.pdf
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    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)

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    Cited by:

    1. Ohnishi, Kazuhiro, 2020. "Price-setting mixed duopoly, partial privatisation and subsidisation," MPRA Paper 104063, University Library of Munich, Germany.

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    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

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