and price competition in a duopoly with differentiated products. By allowing for partially privatizing a state … optimal subsidy to restore the first-best allocation, irrespective of the mode of competition. The paper also focuses on the …This paper reconsiders the literature on the irrelevance of privatization in mixed markets, addressing both quantity …

Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … Bertrand competition if the upstream firm subsidises the quantity setting downstream firm's production via negative wholesale …In a recent paper, Alipranti et al. (2014, Price vs. quantity competition in a vertically related market, Economics …

This paper demonstrates that the standard conclusions regarding the comparison of Cournot and Bertrand competition are … Cournot competition yields higher output, lower wholesale prices, lower final prices, higher consumers' surplus, and higher … total welfare than Bertrand competition. …