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Price or quantity? The strategic choice of subsidized firms in a mixed duopoly

✍ Scribed by Scrimitore, Marcella

Book ID
121359501
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
231 KB
Volume
118
Category
Article
ISSN
0165-1765

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## Abstract A mixed duopoly setting is examined where a private non‐profit firm (NPO) competes with a private profit‐maximizer. The NPO's stakeholders select a contract for their managers. A novel NPO objective function is utilized which takes into account all the likely returns to the NPO's stakeh