Comparing Bertrand and Cournot in mixed markets
We revisit the classic comparison between Bertrand and Cournot outcomes in a mixed market with private and public firms. The results are often strikingly different and opposite to the ones obtained from a similar comparison in the standard setting with all profit-maximizing firms.
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- repec:ebl:ecbull:v:12:y:2006:i:4:p:1-5 is not listed on IDEAS
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