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

privatization. In solving the (n 1)-firms oligopoly model we make use of aggregative games techniques. Our analysis reveals that … privatization reduces the optimal R&D subsidy, but increases aggregate R&D effort. Furthermore, privatization improves social … to R&D does not lead to a ‘privatization neutrality theorem' or, ‘irrelevance result' …

form of ownership, and the corresponding estimation of privatization in the context of the advantages and disadvantages of … the public and private sectors of the national economy. Various interpretations of the fundamental privatization theorem … trends in Russia's de-statization policy in 2010-2013 are analyzed in the context of ‘reluctant privatization', with special …

The aim of this paper is to investigate the welfare effect of privatization in oligopoly when the government takes into … gains, privatization never increases welfare. Moreover, even when large efficiency gains are realized, an inefficient public …

The privatization literature depicts the choice whether to contract out as a tradeoff between excessive private … it is kept in-house. Therefore, privatization decisionmakers and monitoring agencies may be more prone to capture when …

A common argument against privatization is that private providers will self-interestedly lobby to increase the size of … their market. In this Article, I evaluate this argument, using, as a case study, the argument against prison privatization … conclude that there is at present no particular reason to credit this argument. Even without privatization, actors in the …

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm …). Furthermore, we analyze the effect of privatization on the timing of competition by endogenezing the determination of simultaneous … especially relevant for the analysis of privatization, given that results and policy prescription emerged in the literature …

firms undertake them if incentives are strong enough. -- Privatization ; public sector contracting ; incomplete contracts …