YANG, YA-PO; WU, SHIH-JYE; HU, JIN-LI - In: Hitotsubashi Journal of Economics 55 (2014) 1, pp. 89-108
In order to analyze the optimal degree of privatizing an upstream public firm, this paper sets up a vertically related … market that consists of an upstream mixed oligopoly with one public firm and m private firms and a downstream oligopoly with …