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Bertrand Competition In A Mixed Duopoly Market

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  • YASUO SANJO
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    Abstract

    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. Copyright � 2009 The Author. Journal compilation � 2009 Blackwell Publishing Ltd and The University of Manchester.

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    Bibliographic Info

    Article provided by University of Manchester in its journal The Manchester School.

    Volume (Year): 77 (2009)
    Issue (Month): 3 (06)
    Pages: 373-397

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    Handle: RePEc:bla:manchs:v:77:y:2009:i:3:p:373-397

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    Cited by:
    1. Gutierrez-Hita, Carlos & Martinez-Sanchez, Francisco, 2013. "Environmental Policy to Foster a Green Differentiated Energy Market," MPRA Paper 47263, University Library of Munich, Germany.
    2. Rupayan Pal, 2010. "How much should you own? Cross-ownership and privatization," Indira Gandhi Institute of Development Research, Mumbai Working Papers 2010-015, Indira Gandhi Institute of Development Research, Mumbai, India.

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