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• W2607104220 abstract "We compare welfare and profits under price and quantity competition in Stackelberg mixed duopolies. Under public leadership, price competition always yields greater profits and welfare than quantity competition. By contrast, under private leadership, the result depends on the nationality of the private firm. When the private firm is domestic (foreign), welfare is greater under quantity (price) competition. However, private firms always earn more under price competition. Introducing the nonnegative profit constraint affects welfare ranking but not profit ranking. These results indicate that profit ranking is fairly robust to the time structure in Stackelberg mixed duopolies, but welfare ranking is not." @default.
• W2607104220 created "2017-04-28" @default.
• W2607104220 creator A5017233335 @default.
• W2607104220 creator A5038003360 @default.
• W2607104220 date "2018-03-16" @default.
• W2607104220 modified "2023-10-03" @default.
• W2607104220 title "Comparing welfare and profit in quantity and price competition within Stackelberg mixed duopolies" @default.
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• W2607104220 doi "https://doi.org/10.1007/s00712-018-0603-7" @default.
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