Upward-Sloping Reaction Functions under Quantity Competition in Mixed Oligopolies

Flavio Delbono and Carlo Scarpa

Bulletin of Economic Research, 1995, vol. 47, issue 4, 341-46

Abstract: It is shown that in a mixed duopoly under quantity competition, the public firm's reaction function may be upward-sloping. This is the case with a concave demand function when the public firm attaches to private profits a smaller weight than to its own profits. Copyright 1995 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Date: 1995
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Working Paper: Upward Sloping Reaction Functions under Quantity Competition in Mixed Oligopolies (1991)
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