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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...
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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 …
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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 …
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