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Endogenous Timing in a Mixed Oligopoly with Foreign Competitors: the Linear Demand Case |
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| Authors: | Yuanzhu Lu |
| Institution: | (1) Department of Economics, Faculty of Arts and Social Sciences, National University of Singapore, AS2 Level 6, 1 Arts Link, Singapore, 117570;(2) China Economics and Management Academy, Central University of Finance and Economics, No. 39 College South Road, Beijing, China, 100081 |
| Abstract: | We introduce foreign private firms into the model of Pal (1998) and investigate the impact of the introduction of foreign private firms on the endogenous timing in a mixed oligopoly in the linear demand case. We find that the public firm chooses to be a follower of all domestic private firms and that the public firm chooses not to be a leader of all foreign private firms, which is in contrast to Matsumura (2003). |
| Keywords: | mixed oligopoly endogenous timing foreign competitors |
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