Mixed oligopoly and the choice of capacity

被引:49
作者
Lu, Yuanzhu [1 ]
Poddar, Sougata [1 ]
机构
[1] Natl Univ Singapore, Dept Econ, Arts Link, AS2 Level 6, Singapore 117570, Singapore
关键词
Public firm; Private firm; Excess capacity; Under capacity;
D O I
10.1016/j.rie.2005.09.004
中图分类号
F [经济];
学科分类号
02 ;
摘要
We analyze the capacity choice of firms under different time structures in a mixed oligopoly market, in which firms decide not only production quantities but also capacity scales. We show that the public firm never chooses excess capacity, while the private firm never chooses under capacity under all possible strategic environments. (C) 2005 University of Venice. Published by Elsevier Ltd. All rights reserved.
引用
收藏
页码:365 / 374
页数:10
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