Upward Sloping Reaction Functions under Quantity Competition in Mixed Oligopolies
Flavio Delbono and
Carlo Scarpa
Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna
Abstract:
We show that in a mixed duopoly under quantity competition, the public firm's reaction function may be upward sloping. This is the case under concavity of the demand function when the public firm attaches private profits a smaller weight than its own profits.
Date: 1991-08
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Journal Article: Upward-Sloping Reaction Functions under Quantity Competition in Mixed Oligopolies (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:118
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