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welfare in a price regulated duopoly with symmetric locations. In contrast to other studies on mixed oligopolies, this paper … shows that in a duopoly with regulated prices privatisation of the public hospital may increase overall welfare depending on …
Persistent link: https://www.econbiz.de/10014196956
We discuss optimal privatization policies in mixed oligopolies in which a public firm is the Stackelberg follower (private leadership). We find that under constant marginal cost, the optimal degree of privatization is zero. When the marginal cost is increasing, however, the optimal degree is...
Persistent link: https://www.econbiz.de/10012961727
Persistent link: https://www.econbiz.de/10014440803
the private firm and one where foreign shareholders completely own it. In the domestic mixed duopoly, BBPD is irrelevant … from the viewpoint of social welfare. This is because poaching does not occur. In the international mixed duopoly, BBPD …
Persistent link: https://www.econbiz.de/10013272877
We investigate the possibility of using public firms to regulate polluting emissions in a Cournot oligopoly where …
Persistent link: https://www.econbiz.de/10011737230
This paper applies the framework of endogenous timing in games to mixed quantity duopoly, wherein a private domestic or …-perfect equilibrium of the extended game, in sharp contrast to private duopoly games. We provide sufficient conditions for the emergence … theory of supermodular games in order to avoid common extraneous assumptions such as concavity, existence and uniqueness of …
Persistent link: https://www.econbiz.de/10010343823
Persistent link: https://www.econbiz.de/10014334780
We analyze a mixed duopoly where the government runs the public firm partly with the objective of maximizing the … (higher) overall output goods are substitutes (complements) compared to the standard mixed oligopoly case. Price charged by …
Persistent link: https://www.econbiz.de/10013252123
This paper analyzes the interaction between two political economy decisions by a government: whether to privatize a public firm and what environmental policy to choose (an environmental tax or an emission standard). We find that when market competition is weak the government does not privatize...
Persistent link: https://www.econbiz.de/10012858455
This paper investigates how CSR firms influence a Cournot oligopoly with pollution. We define as CSR a firm that takes …
Persistent link: https://www.econbiz.de/10011737816