It is shown that in a mixed duopoly under quantity competition, the public firm's reaction function may be upward-sloping. This is the case with a concave demand function when the public firm attaches to private profits a smaller weight than to its own profits. Copyright 1995 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research
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Volume (Year): 47 (1995) Issue (Month): 4 (October) Pages: 341-46 Download reference. The following formats are available: HTML
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