. Political support for liberalization may therefore be limited …

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 …

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 …

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 …

In many countries, infrastructure liberalization progressed faster than the privatization of former state monopolies … telecommunications sector. It examines, firstly, whether the dual role of the state as owner and regulator distorts competition. Secondly …

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 never zero, and full privatization can be optimal. These results suggest …

improves domestic social welfare, as it allows the public firm to lower its poaching price. In both cases, privatization is …

mechanism of efficiency improvement relating to partial privatization. In this paper, we endogenize efficiency improvement in … relation to the level of privatization. We show that in the short run, an improvement in efficiency associated with a state … full nationalization. However, we argue that the optimal policy for a state-owned firm is partial privatization. Moreover …

liberalization and their privatization which can be complete or partial such that upstream production is still run by an SOE. We show … in most cases even if a holdup problem exists. For any vertically separated structure we find that privatization through … multi-product firms welfare dominates privatization through single-product firms. -- Privatization ; vertical integration …