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Demand-Enhancing Investment in Mixed Duopoly

Bühler, Stefan; Wey, Simon - School of Economics and Political Science, Universität … - 2010

This paper examines demand-enhancing investment and pricing in mixed duopoly. We analyze a model with differentiated products and reduced-form demand, making no assumptions on the relative efficiency of the public firm. First, we derive sufficient conditions for public investment to crowd out...

Persistent link: https://www.econbiz.de/10008542829

How much should you own? Cross-ownership and privatization

Pal, Rupayan - Indira Gandhi Institute of Development Research (IGIDR) - 2010

This paper examines the interdependence of cross-ownership and level of privatization in case of differentiated … privatized share of its rival firm, if the level of privatization is very low (very high). In equilibrium, the government makes …-ownership adversely affects the prospect of privatization. Results of this paper have strong implications to antitrust regulations and …

Persistent link: https://www.econbiz.de/10008831586

A Quantity-Setting Mixed Duopoly with Inventory Investment as a Coordination Device

Ohnishi, Kazuhiro - In: Annals of Economics and Finance 12 (2011) 1, pp. 109-119

This paper examines a two-period mixed market model in which a welfaremaximizing public firm and a profit-maximizing private firm can use inventory investment as a strategic device. It is then demonstrated that the equilibrium in the second period coincides with the Stackelberg solution where...

Persistent link: https://www.econbiz.de/10009195449

Auctions for private congestible infrastructures

Berg, Vincent A. C. van den - 2012

Persistent link: https://www.econbiz.de/10009722993

Looking Inward for Transformative Growth in China

Tyers, Rod - 2013

Export led growth has been very effective in modernising China's economy and establishing a large high-saving middle class. Notwithstanding political opposition from trading partners, this growth strategy has also offered the rest of the world improved terms of trade in both product and...

Persistent link: https://www.econbiz.de/10013091285

Asymmetry in Boom-Bust Shocks : Australian Performance with Oligopoly

Tyers, Rod - 2014

Australia's comparatively small and open economy is subject to boom-bust shocks that centre on its exporting mining and agricultural industries which, in average years, are minor contributors to its GDP. The associated real exchange rate effects, however, have important implications for overall...

Persistent link: https://www.econbiz.de/10013051555

Privatization, Free Riding, and Industry-Expanding Lobbying : Additional Materials

Volokh, Alexander - 2015

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 …

Persistent link: https://www.econbiz.de/10013033332

Serial Private Infrastructures

van den Berg, Vincent A.C. - 2013

This paper investigates private supply of two congestible infrastructures that are serial, where the consumer has to use both in order to consume. Four market structures are analysed: a monopoly and 3 duopolies that differ in how firms interact. It is well known that private supply leads too...

Persistent link: https://www.econbiz.de/10013077423

Private and Social Incentives for Vertical Contract Disclosure

Liu, Qihong - 2013

We follow the framework in Arya and Mittendorf (2011) but extend their analysis by investigating supplier(s)' equilibrium choices of disclosure or confidentiality regarding their contract terms with the downstream retailers. In the case of a common supplier, we find that the unique SPNE is for...

Persistent link: https://www.econbiz.de/10013078509

Bertrand Under Uncertainty : Private and Common Costs

Lagerlöf, Johan N. M. - 2016

This paper proposes an n-firm homogeneous-good Bertrand model with private information about costs. The model allows for any non-negative correlation between the cost draws and for any demand elasticity but still yields a closed-form solution. The solution is simple, in pure strategies, and...

Persistent link: https://www.econbiz.de/10012999083