Search results for "Mixed duopoly"

showing 2 items of 2 documents

MIXED OLIGOPOLY WITH HOMOGENEOUS GOODS

1993

OligopolyMicroeconomicsEconomics and EconometricsMixed duopolySociology and Political ScienceHomogeneousEconomicsPublic firmAnnals of Public and Cooperative Economics
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MIXED OLIGOPOLY, PRODUCT DIFFERENTIATION AND COMPETITION FOR PUBLIC TRANSPORT SERVICES*

2006

This paper explores frequency and pricing decisions in a horizontally and vertically differentiated duopoly when there is competition between means of transport and where one of the firms need not necessarily maximize profits. The private and the mixed duopoly are compared and distortions from the social optimum are identified, both analytically and numerically. A mixed duopoly does not recover the socially optimal solution. However, the presence of a (public) non-profit maximizing operator is a useful measure to get closer to the social optimum. When both operators are (private) profit maximizers, some control measures such as price caps and minimum service availability would reduce the di…

TheoryofComputation_MISCELLANEOUSEconomics and EconometricsMixed duopolybusiness.industryProduct differentiationProfit (economics)MicroeconomicsOligopolyOperator (computer programming)Public transportEconomicsbusinessSocial optimumDuopolyIndustrial organizationThe Manchester School
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