Endogenous timing in a mixed oligopoly consisting of a single public firm and foreign competitors

被引:0
|
作者
Lu, Yuanzhu [1 ]
机构
[1] Cent Univ Finance & Econ, China Econ & Management Acad, Beijing, Peoples R China
来源
ECONOMICS BULLETIN | 2007年 / 12卷
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中图分类号
F [经济];
学科分类号
02 ;
摘要
We investigate endogenous timing in a mixed oligopoly consisting of a single public firm and foreign competitors and compare the results with those in Pal (1998) to see the effect of the nationality of private firms on the endogenous role of the public firm. We find that the results are the same in two cases: (i) there are only two time periods for quantity choice, and (ii) there are more than two time periods for quantity choice and there are more than two private firms; but quite different when there are more than two time periods for quantity choice and there are only one or two private firms.
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