The purpose of this paper is to investigate both cooperative and competitive strategies of firms that may cause accidents. The firms may exchange information about the previous accidents associated with their products in order to reduce accident probabilities and the amount of damage. Thus,...

In this study, we aim to investigate the impact of privatization on the degree of cooperation and competition in a mixed oligopoly market. We consider a duopoly market that comprises one semipublic firm and one private firm. Each firm is assumed to determine the level of two types of effort: the...