The empirical effect of enterprise autonomy on the performance of state-owned enterprises is surprisingly scant despite autonomy being a preferred reform instrument in many countries, and of ten chosen over privatization. Using longitudinal data on performance contracts for state-owned...

A general model of Cournot mixed oligopoly with partial privatization of a public firm is formulated, and the existence and stability of a unique equilibrium and optimality of partial privatization are proved under fundamental assumptions allowing for general inverse market demand and firm’...

This article examines the optimal environmental regulation in a mixed duopolistic market wherein environmental damage is associated with production. Specifically, the effects of partial privatization on optimal policy choices, environmental damage, and social welfare are examined under three...