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| Kangsik Choi |
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| ''Mixed Motives of Simultaneous-move Games in a Mixed Duopoly'' |
| ( 2006, Vol. 12 No.14 ) |
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| This paper investigates the simultaneous-move games in a mixed duopoly where firms are maximizers of either profits or relative profits. Contrary to previous results, if each firm has mixed motives about payoff in a simultaneous-move game, a private firm monopolizes whereas the public firm produces nothing. |
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| Keywords: |
JEL: L1 - Market Structure, Firm Strategy, and Market Performance: General
L5 - Regulation and Industrial Policy: General |
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| Manuscript Received : Nov 26 2006 | | Manuscript Accepted : Dec 29 2006 |
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