This paper examines the optimal privatization policy in vertically related markets in which an upstream public firm … and the resulting profit margin is positive. However, complete privatization is never optimal. Numerical simulations … reveal both the diverse optimal privatization regimes and the patterns of optimal privatization levels with varying numbers …

their capital, which previously were published as part of government privatization programs (from 2011 – for three …

In the paper, the interdependency between privatization and the growth of a new private sector is examined. While the … sector is needed to reduce unemployment and thus make further privatization possible. Since privatization is a lengthy …

We consider the privatization of State-Owned Enterprises (SOEs) of which markets can be opened to competition once … privatization takes place and competitors can compete successfully against them in a few years. The currently used "Revenue … Maximization (RM)" scheme maximizes the government revenue from privatization but does not provide incentives for the privatized …

We consider the privatization of State-Owned Enterprises (SOEs) of which markets can be opened to competition once … privatization takes place and competitors can compete successfully against them in a few years. The currently used "Revenue … Maximization (RM)" scheme maximizes the government revenue from privatization but does not provide incentives for the privatized …

Recent evidences indicate that privatization leads to enormous benefits to society almost without undesirable costs …. However, stakeholders of privatization seem not to satisfy the resulting performance of privatized firms. Using data from 202 … companies up to 10 years and study costs and benefits of privatization. Privatization is followed by a 1.1-percentage …

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 …