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ENDOGENOUS TIMING IN A MIXED DUOPOLY WITH ENDOGENOUS VERTICAL DIFFERENTIATION

Lin Liu and Yuanzhu Lu ()

Bulletin of Economic Research, 2014, vol. 66, issue 3, 305-312

Abstract: type="main">

We consider a game of endogenous timing with observable delay in a mixed duopoly with endogenous vertical differentiation in the context of sequential quality and price choice. We find that a simultaneous play in the first opportunity at each stage turns out to be the unique subgame perfect Nash equilibrium, which contrasts with the endogenous timing in a purely private duopoly.

Date: 2014
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Working Paper: Endogenous Timing in a Mixed Duopoly with Endogenous Vertical Differentiation (2011) Downloads
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