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Mixed Duopoly With Subcontracting
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Book Synopsis Mixed Duopoly with Subcontracting by : Jie Shuai
Download or read book Mixed Duopoly with Subcontracting written by Jie Shuai and published by . This book was released on 2018 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: Existing literature on mixed oligopoly focuses on competition among different types of firms but ignores their possible cooperation. We allow cooperation between public firm and private firm through subcontracting in a Hotelling mixed duopoly model. We find that when subcontracting is possible, the equilibrium without subcontracting is not socially optimal since subcontracting can lower total production costs. And if both firms engage in subcontracting, the existence of public firm can guarantee the first best equilibrium, whether it is the low cost firm or not. But when private firm is the low cost firm, it is more profitable for it to choose vertical foreclosure. And the consequent equilibrium is not socially desirable anymore.
Book Synopsis Mixed Duopoly with Foreign Firm and Subcontracting by : Yuanzhen Lyu
Download or read book Mixed Duopoly with Foreign Firm and Subcontracting written by Yuanzhen Lyu and published by . This book was released on 2018 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We consider a Hotelling model, in which a public firm competes with a foreign firm, at the mean time cooperates with it through subcontracting. We find that when there exists subcontracting, the presence of a foreign firm raises social welfare. Comparing to competing with the domestic private firm, when the public firm competing with the foreign firm, social welfare is lower, but consumer welfare is higher. And a variation in firms' costs or tariffs has no effect on either firm's location. Tariff on inputs raises domestic social welfare and government will charge an input tariff to the extent of costs difference. Tariff on final good has no effect on welfare but will raise prices and thus hurts consumers. Compared to no tariff at all, tariff on inputs alone raises retail prices, but tariffs on both inputs and final goods may reduce prices and raise consumer surplus.
Book Synopsis Price and Quantity Contracts in a Mixed Duopoly with a Socially Concerned ጿirm by : Michael Kopel
Download or read book Price and Quantity Contracts in a Mixed Duopoly with a Socially Concerned ጿirm written by Michael Kopel and published by . This book was released on 2014 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: I study the endogenous choice of a price or quantity contract in a mixed duopoly with a socially concerned ጿirm which maximizes a combination of profit and consumer welfare. Contrasting the literature, I find that equilibria where ጿirms adopt price contracts and quantity contracts might coexist. Welfare under price competition might be lower than under quantity competition. Finally, the profit ranking of the firms might be different from that of a private duopoly or a mixed duopoly with a public firm.
Book Synopsis Downstream Mixed Duopoly, Vertical Bargaining Contract and Endogenous Choice of Competition Modes by : Haitao Qu
Download or read book Downstream Mixed Duopoly, Vertical Bargaining Contract and Endogenous Choice of Competition Modes written by Haitao Qu and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, a vertical mixed oligopoly framework is used to select the endogenous competition modes with a two-part tariff input price bargaining. We get the following result: First, the public firm does not have the dominant strategy and the private firm's strictly dominant strategy is price competition; Second, due to that the upstream firm's profit maximization, the public firm choosing quantity competition while the private firm choosing price competition is the subgame perfect Nash equilibrium which is in sharp with Matsumura and Ogawa (2012) and Choi (2012, 2019).
Book Synopsis Mixed Duopoly with a Partial-Delegated-Public Firm by : Jie Shuai
Download or read book Mixed Duopoly with a Partial-Delegated-Public Firm written by Jie Shuai and published by . This book was released on 2017 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: We compare the welfare results of mixed duopoly model where a firm can be private, public or partial-delegated-public. We consider two types of partial-delegated-public firms. In partial- delegated-public with location delegation, the firm chooses location to maximize its profit while the social planner chooses price to maximize social surplus. Partial-delegated-public firm with price delegation is the opposite where the firm chooses price to maximize its profit. We find significant differences in equilibrium outcomes both between the two types of partial-delegated- public firms, and between the partial-delegated-public firms and the purely private/public firms. While equilibrium prices in the partial-delegated-public firm cases lie in between those in the pure cases (purely private or purely public), the private firm's profit may be higher when its rival is a partial-delegated-public firm rather than a purely private/public firm. We also find a 'trade-off' within the two partial-delegated-public firm cases: social surplus is higher under location delegation, but consumer surplus and profit of the partial-delegated-public firm are higher under price delegation.
Book Synopsis Mixed Duopoly, Inefficiency, and Public Ownership by : Kenneth D. George
Download or read book Mixed Duopoly, Inefficiency, and Public Ownership written by Kenneth D. George and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis On Public Inefficiencies in a Mixed Duopoly by : Carlo Capuano
Download or read book On Public Inefficiencies in a Mixed Duopoly written by Carlo Capuano and published by . This book was released on 2009 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Price and Quantity Competition in a Unionised Mixed Duopoly by : Kangsik Choi
Download or read book Price and Quantity Competition in a Unionised Mixed Duopoly written by Kangsik Choi and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate a differentiated mixed duopoly in which private and public firms can choose to strategically set prices or quantities when unions are present. For the case of a unionised mixed duopoly, there exists a dominant strategy only for the public firm that chooses Bertrand competition irrespective of whether the goods are substitutes or complements; there is no dominant strategy for a private firm. Thus, we show that regardless of the nature of goods, social welfare under Bertrand competition is always determined in equilibrium, wherein Bertrand competition entails higher social welfare than Cournot competition. Moreover, our main results hold irrespective of the nature of goods, with the exception that when a sufficiently large parameter of complements is employed, the ranking of a private firm's profit is not reversed, which is in contrast to the standard findings.
Book Synopsis Mixed Duopoly Under Vertical Differentiation by : Isabel Grilo
Download or read book Mixed Duopoly Under Vertical Differentiation written by Isabel Grilo and published by . This book was released on 1992 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Firms` Strategic Decisions Theoretical and Empirical Findings by : Kazuhiro Ohnishi
Download or read book Firms` Strategic Decisions Theoretical and Empirical Findings written by Kazuhiro Ohnishi and published by Bentham Science Publishers. This book was released on 2015-04-06 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: This eBook presents recent case studies on firms and their strategy employed in specific scenarios and industries. Readers will find, in this volume, an analysis of oligopolistic industries done by using various economic models. These models attempt to explain changes to the competitive environment owing to strategic firm behavior, that is, on the assumption that firms are able to compete effectively and advantageously against rivals through applying strategic initiatives. This eBook investigates the behavior of profit-maximizing firms as well as labor-managed, state-owned and joint-stock firms. Fifteen chapters present empirical or theoretical findings, and develop the economic analysis of firm behavior.
Book Synopsis Demand-enhancing Investment in Mixed Duopoly by : Stefan Bühler
Download or read book Demand-enhancing Investment in Mixed Duopoly written by Stefan Bühler and published by . This book was released on 2010 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Competing for Equitable Treatment by : Dapeng Cai
Download or read book Competing for Equitable Treatment written by Dapeng Cai and published by . This book was released on 2006 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Incentive Schems as Strategic Variables by : Fatima Barros
Download or read book Incentive Schems as Strategic Variables written by Fatima Barros and published by . This book was released on 1992 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Bertrand Competition in a Mixed Duopoly Market by : Yasuo Sanjo
Download or read book Bertrand Competition in a Mixed Duopoly Market written by Yasuo Sanjo and published by . This book was released on 2009 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We present a simple Bertrand competition model with a Hotelling (Economic Journal, Vol. 39 (1929), pp. 41-57) type spatial competition by incorporating the framework of partial privatization developed by Bös (Privatization: A Theoretical Treatment, Oxford, Clarendon Press, 1991). We investigate simultaneous price choice and sequential price choice with respect to fixed locations of firms and show how the degree of privatization of a public firm influences social welfare in a mixed duopoly market. We also analyse sequential price competition with respect to the location choice of firms.
Book Synopsis Mixed Duopoly with Product Differentiation by : Toshihiro Matsumura
Download or read book Mixed Duopoly with Product Differentiation written by Toshihiro Matsumura and published by . This book was released on 2003 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the sequential choice of location in a mixed duopoly, where a welfare-maximising public firm competes against a profit-maximising private firm. We examine the desirable role of the public firm in a mixed market. We also consider the effect of price regulation. We find that the public firm should become the follower (leader) if a price regulation is (is not) imposed. We also find that neither price regulation nor privatisation of the public firm improves welfare.
Book Synopsis Bertrand Competition in a Mixed Duopoly Market by : Francisco Martinez-Sanchez
Download or read book Bertrand Competition in a Mixed Duopoly Market written by Francisco Martinez-Sanchez and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this note we check the robustness of some results of the model developed by Sanjo (Sanjo, Y. (2009). Bertrand Competition in a Mixed Duopoly Market.
Book Synopsis Complexity and Geographical Economics by : Pasquale Commendatore
Download or read book Complexity and Geographical Economics written by Pasquale Commendatore and published by Springer. This book was released on 2015-02-17 with total page 381 pages. Available in PDF, EPUB and Kindle. Book excerpt: The uneven geographical distribution of economic activities is a huge challenge worldwide and also for the European Union. In Krugman’s New Economic Geography economic systems have a simple spatial structure. This book shows that more sophisticated models should visualise the EU as an evolving trade network with a specific topology and different aggregation levels. At the highest level, economic geography models give a bird eye’s view of spatial dynamics. At a medium level, institutions shape the economy and the structure of (financial and labour) markets. At the lowest level, individual decisions interact with the economic, social and institutional environment; the focus is on firms’ decision on location and innovation. Such multilevel models exhibit complex dynamic patterns – path dependence, cumulative causation, hysteresis – on a network structure; and specific analytic tools are necessary for studying strategic interaction, heterogeneity and nonlinearities.
