文章基本信息

标题：Mixed Motives of Simultaneous-move Games in a Mixed Duopoly: Comments and Erratum
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作者：Kangsik Choi
期刊名称：Economics Bulletin
电子版ISSN：1545-2921
出版年度：2007
卷号：12
出版社：Economics Bulletin
摘要：If the public and private firm have mixed motives about payoff in a simultaneous-move game, Choi (2006) analyzes that the resulting equilibrium turns out to be an inefficient level with the monopoly of private firm even if there are Nash equilibria. However, we find that if we use equilibrium profit, we would have solved its unique Nash equilibrium that both firms aim to maximize the relative payoffs.
关键词：Mixed Duopoly