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

Kazuhiro Ohnishi

MPRA Paper from University Library of Munich, Germany

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.

Keywords: Price competition; Subsidy; Privatization; Mixed Stackelberg duopoly; Privatized Stackelberg duopoly (search for similar items in EconPapers)
JEL-codes: C72 D21 L32 (search for similar items in EconPapers)
Date: 2020-09-10
New Economics Papers: this item is included in nep-com, nep-gth, nep-ind and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:102847

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