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)|
|Number of pages||15|
|Journal||Journal of Public Policy and Marketing|
|State||Published - 2004|
ASJC Scopus subject areas
- Business and International Management
- Economics and Econometrics