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Resumo(s)
In this paper, we consider a Cournot competition between a nonprofit firm and a for-profit firm in a homogeneous goods market, with uncertain demand. Given an asymmetric tax schedule, we compute explicitly the Bayesian-Nash equilibrium. Furthermore, we analyze the effects of the tax rate and the degree of altruistic preference on market equilibrium outcomes.
Descrição
Palavras-chave
Industrial organization Nonprofit Asymmetric taxation Stochastic demand Bayesian-Nash equilibrium
Contexto Educativo
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Editora
AIP Publishing
