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Two-production-period in a duopoly with nonprofit and for-profit firms

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Resumo(s)

We investigate endogenous roles in a competition between a nonprofit firm and a for-profit firm in a homogeneous goods market, by allowing two production periods. We find that the Cournot-type equilibrium and one Stackelberg-type equilibrium where the nonprofit firm becomes the follower exist; however, another tackelberg-type equilibrium where the nonprofit firm becomes the leader does not exist.

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Palavras-chave

Industrial organization Game theory Mixed duopoly Social welfare

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Editora

AIP Publishing

Licença CC

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