Yuanzhu Lu thanks the New Century Excellent Talents in University programme (No. NCET-11–0751) for financial support.
ENDOGENOUS TIMING IN A MIXED DUOPOLY WITH ENDOGENOUS VERTICAL DIFFERENTIATION
Article first published online: 2 JUL 2012
© 2012 The Authors. Bulletin of Economic Research © 2012 Board of Trustees of the Bulletin of Economic Research and John Wiley & Sons Ltd
Bulletin of Economic Research
Volume 66, Issue 3, pages 305–312, July 2014
How to Cite
Liu, L. and Lu, Y. (2014), ENDOGENOUS TIMING IN A MIXED DUOPOLY WITH ENDOGENOUS VERTICAL DIFFERENTIATION. Bulletin of Economic Research, 66: 305–312. doi: 10.1111/j.1467-8586.2012.00454.x
- Issue published online: 4 JUL 2014
- Article first published online: 2 JUL 2012
- Century Excellent Talents in University programme. Grant Number: NCET-11–0751
- endogenous timing;
- private firm;
- public firm;
- vertical differentiation;
We consider a game of endogenous timing with observable delay in a mixed duopoly with endogenous vertical differentiation in the context of sequential quality and price choice. We find that a simultaneous play in the first opportunity at each stage turns out to be the unique subgame perfect Nash equilibrium, which contrasts with the endogenous timing in a purely private duopoly.