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The Kreps-Scheinkman game in mixed duopolies

Author

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  • Bakó, Barna
  • Tasnádi, Attila

Abstract

In this paper we extend the results of Kreps and Scheinkman (1983) to mixedduopolies. We show that quantity precommitment and Bertrand competition yield Cournot outcomes not only in the case of private firms but also when a public firm is involved.

Suggested Citation

  • Bakó, Barna & Tasnádi, Attila, 2014. "The Kreps-Scheinkman game in mixed duopolies," Corvinus Economics Working Papers (CEWP) 2014/11, Corvinus University of Budapest.
    • Handle: RePEc:cvh:coecwp:2014/11
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    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • H44 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Goods: Mixed Markets
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L32 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Public Enterprises; Public-Private Enterprises

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