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Mixed Motives of Simultaneous-move Games in a Mixed Duopoly

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  • Kangsik Choi

    (Graduate School of International Studies. Pusan National University)

Abstract

This paper investigates the simultaneous-move games in a mixed duopoly where firms are maximizers of either profits or relative profits. Contrary to previous results, if each firm has mixed motives about payoff in a simultaneous-move game, a private firm monopolizes whereas the public firm produces nothing.

Suggested Citation

  • Kangsik Choi, 2006. "Mixed Motives of Simultaneous-move Games in a Mixed Duopoly," Economics Bulletin, AccessEcon, vol. 12(14), pages 1-7.
    • Handle: RePEc:ebl:ecbull:eb-06l10054
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    File URL: http://www.accessecon.com/pubs/EB/2006/Volume12/EB-06L10054A.pdf
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    References listed on IDEAS

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    More about this item

    JEL classification:

    • L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
    • L5 - Industrial Organization - - Regulation and Industrial Policy

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