TITLE:
Price-Setting Mixed Duopoly Models with Complementary Goods
AUTHORS:
Kazuhiro Ohnishi
KEYWORDS:
Complementary Goods, Price Competition, Domestic Mixed Duopoly, International Mixed Duopoly
JOURNAL NAME:
Modern Economy,
Vol.1 No.1,
June
7,
2010
ABSTRACT: This paper considers domestic (resp. international) Bertrand mixed duopoly competition in which a state-owned welfare-maximizing public firm and a domestic (resp. foreign) profit-maximizing private firm produce complementary goods. The main purpose of the paper is to present and to compare the equilibrium outcomes of the two mixed duopoly models.