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The Socially Responsible Choice in a Duopolistic Market: a Dynamic Model of "Ethical Product" Differentiation

Becchetti, Leonardo; Palestini, Arsen; Solferino, Nazaria; … - Centro di Studi Internazionali Sull'Economia e la … - 2013

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/10010633401

Are the public firms more innovative than the private ones?

Bárcena-Ruiz, Juan Carlos - In: Prague Economic Papers 2008 (2008) 2, pp. 157-167

This paper shows that the public firms can be more innovative and, thus, more efficient than the private firms. To verify this conclusion, a mixed duopoly is considered that allows both the public firm and the private firm to adopt a new technology with a positive fixed cost that reduces the...

Persistent link: https://www.econbiz.de/10008548681

The endogenous objective function of a partially privatized firm: A Nash bargaining approach

Kamijo, Yoshio; Tomaru, Yoshihiro - In: Economic Modelling 39 (2014) C, pp. 101-109

shareholders. Many existing works on partial privatization have assumed that privatization increases the weight of profits in the …

Persistent link: https://www.econbiz.de/10011048904

Privatization Policies by National and Regional Governments

Martínez-Sánchez, Francisco - Volkswirtschaftliche Fakultät, … - 2014

In order to analyze the privatization policies undertaken by the national and regional governments, we consider a … the private duopoly. On the other hand, the preferences of consumers and firms about privatization policy are completely … opposite. Finally, the privatization policies of regional governments are completely opposite from one region to the other, and …

Persistent link: https://www.econbiz.de/10011108468

Mixed Duopoly, Merger and Multiproduct Firms

Ruiz, Bárcena; Carlos, Juan; Felipe, Garzón San; … - Departamento de Economía Aplicada III (Econometría y … - 2000

The literature on mergers has extensively analyzed the decision to merge by private firms but it has not considered the decision to merge by private and public firms. We assume that when a private firm and a public firm merge (or when one of them acquires the other), they sets up a multiproduct...

Persistent link: https://www.econbiz.de/10005518756

Product differentiation and welfare in a mixed duopoly with regulated prices : the case of a public and a private hospital

Herr, Annika - 2009

Hospital markets are often characterised by price regulation and the existence of different ownership types. Using a Hotelling framework, this paper analyses the effect of different objectives of the hospitals on quality, profits, and overall welfare in a price regulated duopoly with symmetric...

Persistent link: https://www.econbiz.de/10003894806

R&D subsidies, spillovers and privatization in mixed markets

Moltó, Maria José Gil; Poyago-Theotoky, Joanna; … - 2010

efficient distribution of production costs. We also find that privatization of the public firm reduces R&D activity and welfare … innovation ; R&D subsidies ; privatization ; spillovers …

Persistent link: https://www.econbiz.de/10003989543

The effect of private road supply on the volume/capacity ratio when firms compete Stackelberg in Road Capacity

Berg, Vincent A. C. van den - 2011 - Version of 04 March 2011

We study road supply by competing firms between a single origin and destination. In previous studies, firms simultaneously set their tolls and capacities while taking the actions of the others as given in a Nash fashion. Then, under some widely used technical assumptions, firms set the same...

Persistent link: https://www.econbiz.de/10011536414

R&D Subsidies, Spillovers and Privatization in Mixed Markets

Gil-Molto, Maria Jose - 2014

efficient distribution of production costs. We also find that privatization of the public firm reduces R&D activity and welfare …

Persistent link: https://www.econbiz.de/10013068306

Optimal Privatization Policy under Private Leadership in Mixed Oligopolies

Lin, Ming Hsin - 2017

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