privatization is optimal under Cournot, but full nationalization is always optimal under Stackelberg competition. If only one policy …This paper examines optimal trade and privatization policies in a mixed duopoly in which a pubic home firm competes … chooses the degree of privatization and import tariff to maximize national welfare. The paper examines the policy effects on …

of international trade which incorporates the new trade theory as well as aspects of the theory of multinational …