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...

We analyze the capacity choice of firms in a long-run mixed oligopoly market, in which firms decide not only production quantity but also capacity scale. Our main purpose is to show that while a profit-maximizing firm maintains over capacity as a strategic device, a firm pursuing non-pure profit...

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...

We analyze the capacity choice of firms in a long-run mixed oligopoly market, in which firms decide not only production quantity but also capacity scale. Our main purpose is to show that while a profit-maximizing firm maintains over capacity as a strategic device, a firm pursuing non-pure profit...

In this paper, we combine the Harris-Todaro wage differential and unemployment with product variety. We analyse how city size is determined and how it relates to unemployment. Our main conclusion is as follows. If the government or the city authority executes the policy leading to growth in the...

This article compares several rules of coordinated debt policies to show that the central government intervention is not required to carry out an efficient local debt policy. The main argument is that a form of <italic>partial</italic> coordination results in the efficient outcome rather than a <italic>full</italic> coordination...

This paper extends the work of Kempf and Rota-Graziosi (J. Pub. Econ. 94:768–776, <CitationRef CitationID="CR9">2010</CitationRef>), which argues that under capital tax competition the sub-game perfect equilibria (SPEs) correspond to two Stackelberg outcomes. The findings show that the Kempf and Rota-Graziosi result depends on the form...</citationref>

In this paper, we examine the effect on city size of household preference for product variety. There are many theoretical analyses that have attempted to clarify the determinants of city size in the urban literature. Comparative static analyses are used to find out what happens to the...

This article examines the optimal environmental regulation in a mixed duopolistic market wherein environmental damage is associated with production. Specifically, the effects of partial privatization on optimal policy choices, environmental damage, and social welfare are examined under three...

The effects of pension policies on fertility have been examined in the overlapping generations (OLG) model of unitary household in which no heterogeneity exists between the wife and the husband. This paper departs from the OLG model and focuses on the marital bargaining arising from the...