Price and Quantity Contracts in a Mixed Duopoly with a Socially Concerned …Firm
Price and Quantity Contracts in a Mixed Duopoly with a Socially Concerned …Firm
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混合双头垄断与关心社会的……公司的价格和数量合同
DOI:
10.2139/ssrn.2379318
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发表时间:
2014
期刊:
影响因子:
--
通讯作者:
M. Kopel
中科院分区:
文献类型:
--
作者:
M. Kopel
I study the endogenous choice of a price or quantity contract in a mixed duopoly with a socially concerned firm, which maximizes a combination of profit and consumer welfare. Equilibria with price and quantity contracts might co‐exist; welfare under price competition might be lower than under quantity competition; the firms' profit ranking might be different from that of a private duopoly or mixed duopoly with a public firm. Hence, if a firm follows a social strategy, the optimal market strategy crucially depends on the levels of social concern and competition in the market. The presence of socially concerned firms may change the mode of competition. Copyright © 2014 John Wiley & Sons, Ltd.