Journal ArticleDOI
Mixed Oligopoly With Differentiated Products
TLDR
In this paper, the authors analyzed a mixed oligopoly with horizontal product differentiation, where firms choose their location and price in a model a la Hotelling with quadratic transport costs, and the solution-concept is a subgame perfect Nash equilibrium.About:
This article is published in International Journal of Industrial Organization.The article was published on 1991-03-01. It has received 250 citations till now. The article focuses on the topics: Oligopoly & Subgame perfect equilibrium.read more
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A Mixed Oligopoly in the Presence of Foreign Private Firms
Debashis Pal,Kenneth Fjell +1 more
TL;DR: In this paper, a mixed oligopoly model is considered in which a state-owned public firm competes with both domestic and foreign private firms, and the effect on the equilibrium involves a lower price and a different allocation of production (relative to the case when all private firms are domestically owned).
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Mixed Oligopoly, Privatization, and Strategic Trade Policy
Debashis Pal,Mark D. White +1 more
TL;DR: In this article, the authors investigated the effects of privatization in the presence of strategic trade policies within an international mixed oligopoly serving a single market, where the government chooses the optimal level of tariff or subsidy to maximize domestic welfare.
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Dynamic Mixed Duopoly: A Model Motivated by Linux vs. Windows
TL;DR: In this paper, a dynamic mixed duopoly in which a profit-maximizing competitor interacts with a competitor that prices at zero (or marginal cost), with the cumulation of output affecting their relative positions over time, is analyzed.
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Privatization and efficiency in a differentiated industry
TL;DR: In this article, the authors consider a market in which a public firm competes against private ones, and ask what happens when the public firm is privatized, and they conclude that privatization is harmful because prices rise: the disciplinary role of the public firms is lost.
Posted Content
Endogenous Cost Differentials between Public and Private Enterprises: A Mixed Duopoly Approach
TL;DR: In this article, the authors investigate a mixed duopoly, where a state-owned welfare-maximizing public firm competes against a profit-minimizing private firm, and they use a Hotelling-type spatial model which represents product differentiation.
References
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On hotelling's "Stability in competition"
TL;DR: In this article, the authors show that the so-called principle of minimum differentiation, as based on Hotelling's 1929 celebrated paper (Hotelling [3]), is invalid and that no equilibrium price solution will exist when both sellers are not far enough from each other.
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Alternative strategies of a public enterprise in oligopoly
Giovanni De Fraja,Flavio Delbono +1 more
TL;DR: In this article, the optimal behavior of a public firm in a market where there are also n private firms is studied. And the optimal strategy of a welfare maximizing firm is to act as if it wanted to maximize its profit.
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Spatial competition and the location of firms
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Public Enterprise Economics
TL;DR: In this paper, the authors take a look at the essential parts of public sector pricing models, normative optimum theory, and normative piecemeal theory, focusing on welfare improvements with non-tight constraints, welfare-improving increases of public inefficiency, conditions for optimal prices and quantities, compensating for income effects, and condition for optimal quality.