Showing 1 - 10 of 8,027
The for-profit hospital is in the minority numerically in all developed countries. Although the for-profits' market share has been quite stable for decades, for-profit chains have grown in share and influence in the United States. By contrast, for-profit chains have made few inroads in other...
Persistent link: https://www.econbiz.de/10014024184
firms undertake them if incentives are strong enough. -- Privatization ; public sector contracting ; incomplete contracts …
Persistent link: https://www.econbiz.de/10003456076
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 …
Persistent link: https://www.econbiz.de/10013139728
their capital, which previously were published as part of government privatization programs (from 2011 – for three …
Persistent link: https://www.econbiz.de/10012952675
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 …
Persistent link: https://www.econbiz.de/10013058416
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' …
Persistent link: https://www.econbiz.de/10012921803
Many comparisons of the performance of public and private producers use a public/private ownership dummy variable to capture cost differences in cross section data. This is appropriate if the producer choice is random. The dummy variable model is, however, logically inconsistent if the producer...
Persistent link: https://www.econbiz.de/10011586275
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 …
Persistent link: https://www.econbiz.de/10014151444
Disappointment with insider trading in Russia, with voucher privatization in the Czech Republic, and with the … privatization of infrastructure in many developing countries has spawned new critiques of privatization. How do theory and empirical … privatization mean that privatized firms perform worse than state enterprises? Shirley and Walsh's review found greater ambiguity …
Persistent link: https://www.econbiz.de/10014135075
This paper examines both leadership choice and welfare consequences of privatisation in an endogenous timing mixed multi‐product oligopoly. It shows that a multi‐product firm undermines the welfare‐maximising efforts of a public firm by cross‐subsidising. The paper demonstrates that a...
Persistent link: https://www.econbiz.de/10014127133