This study investigates social welfare and privatization depending on the government's preference for tax revenues and … equilibrium. Moreover, if the government's preference for tax revenues is sufficiently large, the privatization of the public firm … privatization between the public firm and the government. …

oligopolies, this study investigates the efficiency of privatization. The results are twofold. First, regardless of the government …

oligopolies, this study investigates the efficiency of privatization. The results show that (i) regardless of the government …

This paper examines the optimal privatization policy in vertically related markets in which an upstream public firm … and the resulting profit margin is positive. However, complete privatization is never optimal. Numerical simulations … reveal both the diverse optimal privatization regimes and the patterns of optimal privatization levels with varying numbers …

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 …

government that maximizes social welfare values with a small weight of excess burden of taxation, privatization matters … range, the results of both desirable privatization and nationalization materialize depending on the critical value of the … excess burden of taxation. In contrast to the existing works on mixed oligopoly, we find privatization can enhance social …

privatization. The results show that: (i) regardless of the government's preference for tax revenues, the government does not have …

A common argument against privatization is that private providers will self-interestedly lobby to increase the size of … their market. In this Article, I evaluate this argument, using, as a case study, the argument against prison privatization … conclude that there is at present no particular reason to credit this argument. Even without privatization, actors in the …