Mixed Motives of Simultaneous-move Games in a Mixed Duopoly

Kangsik Choi

Economics Bulletin, 2006, vol. 12, issue 14, 1-7

Abstract: This paper investigates the simultaneous-move games in a mixed duopoly where firms are maximizers of either profits or relative profits. Contrary to previous results, if each firm has mixed motives about payoff in a simultaneous-move game, a private firm monopolizes whereas the public firm produces nothing.

JEL-codes: L1 L5 (search for similar items in EconPapers)
Date: 2006-12-29
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