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We provide a simple theoretical model to explain the mechanism whereby privatization of international airports can … another equilibrium only if the degree of product differentiation is large. -- Airline ; airport ; privatization …
Persistent link: https://www.econbiz.de/10008655778
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
We provide a simple theoretical model to explain the mechanism whereby privatization of international airports can …
Persistent link: https://www.econbiz.de/10014191163
This paper investigates the sequential announcement of domestic emissions caps by regulators in a federal or international-based tradable pollution permit market for a transboundary pollutant. A leader-follower framework is used to analyse the consequences of regulators sequentially announcing...
Persistent link: https://www.econbiz.de/10003761385
Persistent link: https://www.econbiz.de/10003314572
This paper reconsiders the literature on the irrelevance of privatization in mixed markets, addressing both quantity …
Persistent link: https://www.econbiz.de/10011526650
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 …
Persistent link: https://www.econbiz.de/10013061676
The increasing attention of profit maximising corporations to corporate social responsibility (CSR) is a new stylized fact of the contemporary economic environment. In our theoretical analysis we model CSR adoption as the optimal response of a profit maximising firm to the competition of a not...
Persistent link: https://www.econbiz.de/10013084269
Based on the background of the banking industry in China, this paper establishes Cournot, Bertrand and Stackelberg mixed oligopoly competition models with deposit and interest rates as strategic variables between a representative state-owned bank and a representative foreign bank. We discuss and...
Persistent link: https://www.econbiz.de/10013158961
Existing literature on mixed oligopoly focuses on competition among different types of firms but ignores their possible cooperation. We allow cooperation between public firm and private firm through subcontracting in a Hotelling mixed duopoly model. We find that when subcontracting is possible,...
Persistent link: https://www.econbiz.de/10012938642