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Endogenous Timing in a Mixed Oligopoly with Foreign Competitors: the Linear Demand Case
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Abstract
We introduce foreign private firms into the model of Pal (1998) and investigate the impact of the introduction of foreign private firms on the endogenous timing in a mixed oligopoly in the linear demand case.We find that the public firm chooses to be a follower of all domestic private firms and that the public firm chooses not to be a leader of all foreign private firms, which is in contrast to Matsumura (2003).mixed oligopoly, endogenous timing, foreign competitors