Abstract
This paper complements the existing literature on endogenous timing in mixed duopoly models by assuming that there is a private firm and a partly privatized one in the market. It is shown that the endogenous timing of the game depends on both the partially privatized firm degree of privatization and the existing product differentiation. However, the obtained results assuming Cournot competition are quite different to those obtained under Bertrand competition.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.