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 …

, institutional, and political variables to assess how political competition and policy insulation feasibility determine private … competition is associated with an increase in private participation in infrastructure through greenfield projects, concessions … competition facilitates cooperation when insulation is costly or not viable …

privatization of infrastructure in many developing countries has spawned new critiques of privatization. How do theory and empirical … privatization and optimality, theory has left a gap that empirical work has tried to fill. Further research is needed. This paper …Disappointment with insider trading in Russia, with voucher privatization in the Czech Republic, and with the …