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This paper reconsiders the literature on the irrelevance of privatization in mixed markets, addressing both quantity … and price competition in a duopoly with differentiated products. By allowing for partially privatizing a state …
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welfare in a price regulated duopoly with symmetric locations. In contrast to other studies on mixed oligopolies, this paper … shows that in a duopoly with regulated prices privatisation of the public hospital may increase overall welfare depending on …
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We examine the use of subsidies to R&D in a mixed and a private duopoly market. We show that the socially optimal R …&D subsidy is increasing in the degree of spillovers but it is lower in the private duopoly. The optimal R&D subsidy leads to an … efficient distribution of production costs. We also find that privatization of the public firm reduces R&D activity and welfare …
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