Abstract
This study examines duopoly price competition between a for-profit firm and a nonprofit organization. It shows that the competitive outcome is predominantly the consequence of their different objective functions. The damage to the for-profit caused by the nonprofit's policy and regulatory advantages is only marginal. Moreover, the for-profit can protect itself by acquiring Stackelberg price leadership.
Original language | English (US) |
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Pages (from-to) | 65-79 |
Number of pages | 15 |
Journal | Journal of Public Policy and Marketing |
Volume | 23 |
Issue number | 1 |
DOIs | |
State | Published - 2004 |
Externally published | Yes |
ASJC Scopus subject areas
- Business and International Management
- Economics and Econometrics
- Marketing