Comparing Bertrand and Cournot in mixed markets

被引:57
|
作者
Ghosh, Arghya [1 ]
Mitra, Manipushpak [2 ]
机构
[1] Univ New S Wales, Australian Sch Business, Sydney, NSW 2052, Australia
[2] Indian Stat Inst, Econ Res Unit, Kolkata 700108, India
关键词
Bertrand; Cournot; DIFFERENTIATED DUOPOLY; QUANTITY COMPETITION; EQUILIBRIA; EFFICIENCY; PRIVATIZATION; OLIGOPOLIES; PRICE;
D O I
10.1016/j.econlet.2010.08.021
中图分类号
F [经济];
学科分类号
02 ;
摘要
We revisit the classic comparison between Bertrand and Cournot outcomes in a mixed market with private and public firms. The results are often strikingly different and opposite to the ones obtained from a similar comparison in the standard setting with all profit-maximizing firms. (C) 2010 Elsevier B.V. All rights reserved.
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页码:72 / 74
页数:3
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