VILLENEUVE, Bertrand; ZHANG, Vanessa Yanhua - In: Annales d'Economie et de Statistique (2013) 109-110
We analyze the trade-off faced by authorities envisaging a one-shot structural reform in a capitalistic industry. A structure is modeled as (1) a sharing of productive capital at some time, and (2) a sharing of scarce sites or any other non-reproducible asset. These two distinct dimensions of...