my 2010 article, Privatization, Free Riding, and Industry-Expanding Lobbying, in the International Review of Law and … Economics and the plain-English discussion in my 2008 article, Privatization and the Law and Economics of Political Advocacy, in …

Considering a differentiated mixed duopoly we show that when privatization and pollution tax are used together … environmental damage will be non-monotone in the level of privatization, and optimal privatization is always partial privatization …. Whether privatization will improve the environment or not depends on the public firm's concern for environment. If the public …

This paper is the first to investigate an alternative approach of privatization: privatizing only a subsidiary of a … portion of the firm's stocks to private investors (entirety privatization), we consider only a subsidiary of the public firm … is privatized (subsidiary privatization). We find that subsidiary privatization not only improves social welfare …

the privatization. The two key mechanisms explaining the results are: (i) a government owner keeping control takes into …

is privatized. In the short run, privatization is harmful because prices rise: the disciplinary role of the public firm … is lost. In the long run, privatization, leads to further entry; the net effect is beneficial if consumer preference for …

The aim of this paper is to investigate the welfare effect of privatization in oligopoly when the government takes into … gains, privatization never increases welfare. Moreover, even when large efficiency gains are realized, an inefficient public …

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm …). Furthermore, we analyze the effect of privatization on the timing of competition by endogenezing the determiantion of simultaneous … especially relevant for the analysis of privatization, given that results and policy prescription emerged in the literature …

In this paper, we provide an explanation of why privatization may attract foreign investors interested in entering a … regional market. Privatization turns the formerly-public firm into a less aggressive competitor since profit-maximizing output … tax/subsidy competition for FDI before and after privatization. We show that policy competition is irrelevant in the …