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:
Guangdong Univ Foreign Studies, Int Serv Econ Res Inst, Guangzhou, Peoples R ChinaZhongnan Univ Econ & Law, Wenlan Sch Business, 182 Nanhu Ave,East Lake High Tech Dev Zone, Wuhan 430073, Peoples R China
Liu, Qian
Wang, Leonard F. S.
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机构:
Zhongnan Univ Econ & Law, Wenlan Sch Business, 182 Nanhu Ave,East Lake High Tech Dev Zone, Wuhan 430073, Peoples R ChinaZhongnan Univ Econ & Law, Wenlan Sch Business, 182 Nanhu Ave,East Lake High Tech Dev Zone, Wuhan 430073, Peoples R China
机构:
Guangdong Univ Foreign Studies, Int Serv Econ Res Inst, Guangzhou, Peoples R ChinaZhongnan Univ Econ & Law, Wenlan Sch Business, 182 Nanhu Ave,East Lake High Tech Dev Zone, Wuhan 430073, Peoples R China
Liu, Qian
Wang, Leonard F. S.
论文数: 0引用数: 0
h-index: 0
机构:
Zhongnan Univ Econ & Law, Wenlan Sch Business, 182 Nanhu Ave,East Lake High Tech Dev Zone, Wuhan 430073, Peoples R ChinaZhongnan Univ Econ & Law, Wenlan Sch Business, 182 Nanhu Ave,East Lake High Tech Dev Zone, Wuhan 430073, Peoples R China