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Reaction Functions under Quantity Competition in International Mixed Triopolies

Kazuhiro Ohnishi

Volume 5, Issue 6 , June 2018, , Pages 411-416

Abstract
  This paper considers an economy in which a state-owned public firm, a domestic private firm and a foreign private firm compete in output levels. The paper examines the firms’ reaction functions in the economy. As a result of this analysis, the paper shows that there is a mixed triopoly in which ...  Read More