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  • 标题:Capacity choice in a mixed duopoly with a foreign competitor
  • 本地全文:下载
  • 作者:Jorge Fernández-Ruiz
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2012
  • 卷号:32
  • 期号:3
  • 页码:2653-2661
  • 出版社:Economics Bulletin
  • 摘要:This paper analyzes a mixed duopoly in which a public firm and a (possibly partially) foreign-owned firm choose their capacity scales before competing in quantities. We show that the private firm chooses over-capacity, as in previous literature, except if it is completely foreign-owned. In this polar case, the private firm chooses the cost-minimizing capacity scale. We also show that the change in the nationality of the private firm does not essentially alter the public firm's choice, since this firm chooses under-capacity if products are substitutes and over-capacity if they are complements, just as it does when it faces a domestic competitor.
  • 关键词:Mixed Oligopoly; Capacity Choice; Foreign Firm; Public Firm
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