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With a two-period mixed oligopolistic framework, this paper analyses the interaction between the length of incentive contracts and market behaviour. Assuming an environment in which firms choose either a long-term or short-term contract, we examine how contracts differ between public and private...
Persistent link: https://www.econbiz.de/10005293083
In general, the introduction of competition into the public sector seems to lead to higher cost-efficiency in service production. However, there are examples of substantial cost increases in some areas. In this paper, using a mixed oligopoly model, we investigate the effects of deregulation on...
Persistent link: https://www.econbiz.de/10005187906
By incorporating a multinational private firm into the mixed duopoly model with Hotelling-type spatial competition, we show that the private firm's nationality is a matter of the public firm's location. As the share of foreign capital increases in the private (multinational) firm, the public...
Persistent link: https://www.econbiz.de/10005655127