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Authors
Advisor(s)
Abstract(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.
Description
Keywords
Industrial organization Nonprofit Asymmetric taxation Stochastic demand Bayesian-Nash equilibrium
Citation
Publisher
AIP Publishing