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A Bertrand-Edgeworth oligopoly with a public firm

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  • Rácz, Zoltán
  • Tasnádi, Attila

Abstract

We determine conditions under which a pure-strategy equilibrium of a mixed Bertrand-Edgeworth oligopoly exists. In addition, we determine its pure-strategy equilibrium whenever it exists and compare the equilibrium outcome with that of the standard Bertrand-Edgeworth oligopoly with only private firms.

Suggested Citation

  • Rácz, Zoltán & Tasnádi, Attila, 2015. "A Bertrand-Edgeworth oligopoly with a public firm," Corvinus Economics Working Papers (CEWP) 2015/08, Corvinus University of Budapest.
  • Handle: RePEc:cvh:coecwp:2015/08
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    References listed on IDEAS

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    More about this item

    Keywords

    Bertrand-Edgeworth; mixed oligopoly;

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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