We revisit the classic discussion of the endogenous choice of a price or a quantity contract, but in a mixed duopoly. We find that choosing the price contract is a dominant strategy for both firms, whether the goods are substitutes or complements. (c) 2012 Elsevier B.V. All rights reserved.
机构:
Nottingham Univ Business Sch, Jubilee Campus,Wollaton Rd, Nottingham NG8 1BB, England
CESifo, INFER, Munich, Germany
City Univ Hong Kong, GRU, Hong Kong, Peoples R ChinaNottingham Univ Business Sch, Jubilee Campus,Wollaton Rd, Nottingham NG8 1BB, England
Mukherjee, Arijit
Senalp, Burcu
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Kirklareli Univ, Fac Econ & Adm Sci, Kirklareli, TurkiyeNottingham Univ Business Sch, Jubilee Campus,Wollaton Rd, Nottingham NG8 1BB, England