Endogenous Timing in a Price-Setting Mixed Duopoly with a Foreign Competitor
This paper considers mixed duopoly games where a state-owned public firm and a foreign private firm compete in price. The public firm aims to maximize the un-weighted sum of consumer surplus and its own profit. The paper examines a desirable role (either leader or follower) of the public firm, an ef...
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| Format: | Article |
| Language: | English |
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Mashhad: Behzad Hassannezhad Kashani
2016-12-01
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| Series: | International Journal of Management, Accounting and Economics |
| Subjects: | |
| Online Access: | https://www.ijmae.com/article_116570_4bae4b14d8769992313b9b34ccaf1baa.pdf |
| _version_ | 1797690386733334528 |
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| author | Kazuhiro Ohnishi |
| author_facet | Kazuhiro Ohnishi |
| author_sort | Kazuhiro Ohnishi |
| collection | DOAJ |
| description | This paper considers mixed duopoly games where a state-owned public firm and a foreign private firm compete in price. The public firm aims to maximize the un-weighted sum of consumer surplus and its own profit. The paper examines a desirable role (either leader or follower) of the public firm, an effect of eliminating the foreign firm and an endogenous role in price-setting mixed duopoly by adopting the observable delay game. Consequently, the paper shows that the unique equilibrium of price-setting international mixed competition is quite different from that of quantity-setting international mixed competition. |
| first_indexed | 2024-03-12T01:58:51Z |
| format | Article |
| id | doaj.art-ff39dc149e4f4fc283c9db9b12b636a9 |
| institution | Directory Open Access Journal |
| issn | 2383-2126 |
| language | English |
| last_indexed | 2024-03-12T01:58:51Z |
| publishDate | 2016-12-01 |
| publisher | Mashhad: Behzad Hassannezhad Kashani |
| record_format | Article |
| series | International Journal of Management, Accounting and Economics |
| spelling | doaj.art-ff39dc149e4f4fc283c9db9b12b636a92023-09-07T21:56:53ZengMashhad: Behzad Hassannezhad KashaniInternational Journal of Management, Accounting and Economics2383-21262016-12-01312758763116570Endogenous Timing in a Price-Setting Mixed Duopoly with a Foreign CompetitorKazuhiro Ohnishi0Institute for Basic Economic Science, Osaka, JapanThis paper considers mixed duopoly games where a state-owned public firm and a foreign private firm compete in price. The public firm aims to maximize the un-weighted sum of consumer surplus and its own profit. The paper examines a desirable role (either leader or follower) of the public firm, an effect of eliminating the foreign firm and an endogenous role in price-setting mixed duopoly by adopting the observable delay game. Consequently, the paper shows that the unique equilibrium of price-setting international mixed competition is quite different from that of quantity-setting international mixed competition.https://www.ijmae.com/article_116570_4bae4b14d8769992313b9b34ccaf1baa.pdfprice competitionendogenous timingmixed marketforeign private firm |
| spellingShingle | Kazuhiro Ohnishi Endogenous Timing in a Price-Setting Mixed Duopoly with a Foreign Competitor International Journal of Management, Accounting and Economics price competition endogenous timing mixed market foreign private firm |
| title | Endogenous Timing in a Price-Setting Mixed Duopoly with a Foreign Competitor |
| title_full | Endogenous Timing in a Price-Setting Mixed Duopoly with a Foreign Competitor |
| title_fullStr | Endogenous Timing in a Price-Setting Mixed Duopoly with a Foreign Competitor |
| title_full_unstemmed | Endogenous Timing in a Price-Setting Mixed Duopoly with a Foreign Competitor |
| title_short | Endogenous Timing in a Price-Setting Mixed Duopoly with a Foreign Competitor |
| title_sort | endogenous timing in a price setting mixed duopoly with a foreign competitor |
| topic | price competition endogenous timing mixed market foreign private firm |
| url | https://www.ijmae.com/article_116570_4bae4b14d8769992313b9b34ccaf1baa.pdf |
| work_keys_str_mv | AT kazuhiroohnishi endogenoustiminginapricesettingmixedduopolywithaforeigncompetitor |