the recent claims that social optimum is not implementable and privatization is necessary. We also show that when the … private firm is partly foreign-owned, the government will adopt some privatization and will not implement the social optimum …

almost independent products or products that are close substitutes. Privatization of the public firm is socially beneficial …

privatization in the presence of the environmental pollution. When the residents’ environmental preference is introduced to the … public firm’s objective function, we mainly find that privatization may increase the public firm’s output, decrease the … studies on privatization. Moreover, Cournot competition and Stackelberg competition are separately analyzed to show that our …

shareholders. Many existing works on partial privatization have assumed that privatization increases the weight of profits in the …

In order to analyze the privatization policies undertaken by the national and regional governments, we consider a … the private duopoly. On the other hand, the preferences of consumers and firms about privatization policy are completely … opposite. Finally, the privatization policies of regional governments are completely opposite from one region to the other, and …

) with the level of privatization, if the level of privatization is less (more) than certain level. It also shows that … partial privatization is optimal from the social welfare point of view. However, the social welfare maximizing level of … privatization damages the environment most. …

efficient distribution of production costs. We also find that privatization of the public firm reduces R&D activity and welfare …

Considering a differentiated mixed duopoly we show that when privatization and pollution tax are used together … environmental damage will be non-monotone in the level of privatization, and optimal privatization is always partial privatization …. Whether privatization will improve the environment or not depends on the public firm's concern for environment. If the public …