We study collusion between a public firm and a private firm, characterizing the outcome (market shares, profits, and consumer surplus) that results from Nash bargaining between the two firms relative to the non-cooperative outcome. We find that if the public firm’s preference for consumer...

While COVID-19 vaccines have saved countless lives, their highly unequal distribution around the world has generated significant concern. Biopharmaceutical firms hold patents on these vaccines, and critics have argued for weakening these patents to increase access to these essential resources....

Efficient management of risk and its allocation is the key to successful public infrastructure in Public Private Partnership (PPP). However, unprecedented events like COVID-19 Pandemic have put the risk management practice to litmus test. The spate of lockdowns as preventive response by...

The promotion of public-private cooperation in resource-rich countries of the Global South can serve as a flanking measure that strengthens the impact of supply chain laws. The case of the South African mining sector in its struggle against Covid-19 shows that close cooperation between...