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Delbono, Flavio ; Scarpa, Carlo
(1991)
Upward Sloping Reaction Functions under Quantity Competition in Mixed Oligopolies.
Bologna:
Dipartimento di Scienze economiche DSE,
p. 7.
DOI 10.6092/unibo/amsacta/5246.
In: Quaderni - Working Paper DSE
(118).
ISSN 2282-6483.
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Abstract
We show that in a mixed duopoly under quantity competition, the public firm's reaction function may be upward sloping. This is the case under concavity of the demand function when the public firm attaches private profits a smaller weight than its own profits.
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