Beladi and Chao (2006) and Bárcena-Ruiz and Garzón (2006) considered the role of environmental policy on the decision whether to privatize a public firm in different market structures. This paper re-examines whether privatization improves (or deteriorates) the environment in a mixed...

This paper re-examines the important tariff ranking issue under a linear mixed oligopoly model with foreign competitors and asymmetric costs. We demonstrate that under Cournot competition, when the size of domestic private and foreign private firms become more unequally distributed,...

In this paper, we extend the Jain-Mirman [Jain, N., & Mirman, L. (2000). Real and financial effects of insider trading with correlated signals. Economic Theory, 16, 333-353, Jain, N., & Mirman, L. (2002). Effects of insider trading under different market structures. The Quarterly Review of...

Formulates a model for monopolists which incorporates incentives to reduce tax liability by under-reporting profits through overstatement of production costs.

The profit tax evasion and monopoly output decisions are examined in the uncerAbstract tainty model with endogenous probability of detection. When a rational but amoral, profit-understated firm in advance considers the probability of detection and punishment, the optimal output rate and the...

This paper aims to examine the equivalence of competition mode in a vertically differentiated product market with the relative performance delegation. It demonstrates the equivalence of product quality and social welfare in this delegation game, irrespective of modes of product competition. In...

This paper examines the impact of foreign penetration on privatization in a mixed oligopolistic market. In contrast to the simple framework of single domestic market with foreign entry by entry mode of foreign direct investment (FDI) or exports, our result shows that government should increase...

Recent studies on the welfare implications of internationally mobile capital for a country employing commercial policy have been restricted to constant-returns-to-scale (CRS) production models. It is generally concluded that the pursuit of such policies is welfare-decreasing under CRS...

Recent studies on the welfare implications of internationally mobile capital for a country employing commercial policy have been restricted to constant‐returns‐to‐scale (CRS) production models. It is generally concluded that the pursuit of such policies is welfare‐decreasing under CRS...

In this article the author explores the optimal policies to achieve non‐economic objectives in the presence of a specific factor and demonstrates that the same policies—though not necessarily at the same level—are required as in the traditional two‐by‐two trade model. In addition, it...