TITLE:
Inventories and Mixed Duopoly with State-Owned and Labor-Managed Firms
AUTHORS:
Kazuhiro Ohnishi
KEYWORDS:
Inventory Investment, State-Owned Firm, Labor-Managed Firm
JOURNAL NAME:
iBusiness,
Vol.2 No.2,
June
12,
2010
ABSTRACT: This paper considers a two-period mixed market model in which a state-owned firm and a labor-managed firm are allowed to hold inventories as a strategic device. The paper then shows that the equilibrium in the second period occurs at the Stackelberg point where the state-owned firm is the leader.