Showing 1 - 10 of 357,422
the private firm and one where foreign shareholders completely own it. In the domestic mixed duopoly, BBPD is irrelevant … from the viewpoint of social welfare. This is because poaching does not occur. In the international mixed duopoly, BBPD … improves domestic social welfare, as it allows the public firm to lower its poaching price. In both cases, privatization is …
Persistent link: https://www.econbiz.de/10013272877
Persistent link: https://www.econbiz.de/10014575674
Persistent link: https://www.econbiz.de/10011732631
We investigate the sequential choice of location in a mixed duopoly, where a welfare-maximising public firm competes …
Persistent link: https://www.econbiz.de/10014088042
We address two questions. First, does the excess entry result of pure oligopoly hold when firms face a substitute good … firm, we find that partial privatization need not always be optimal. Depending on the substitutability of the two products …
Persistent link: https://www.econbiz.de/10013064403
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 …
Persistent link: https://www.econbiz.de/10012961727
Persistent link: https://www.econbiz.de/10009520050
Persistent link: https://www.econbiz.de/10009520261
product differentiation and the cross-country distribution of private firms affect the strategic privatization choices made by … firms, and privatization to be global welfare enhancing in this case. …
Persistent link: https://www.econbiz.de/10011785057
Persistent link: https://www.econbiz.de/10014447488