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We investigate the sequential choice of location in a mixed duopoly, where a welfare-maximising public firm competes …
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We address two questions. First, does the excess entry result of pure oligopoly hold when firms face a substitute good … firm, we find that partial privatization need not always be optimal. Depending on the substitutability of the two products …
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We discuss optimal privatization policies in mixed oligopolies in which a public firm is the Stackelberg follower … (private leadership). We find that under constant marginal cost, the optimal degree of privatization is zero. When the marginal … cost is increasing, however, the optimal degree is never zero, and full privatization can be optimal. These results suggest …
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