Showing 1 - 10 of 693,364
This paper investigates the role of the presence of foreign firms in a sector in influencing the privatization policy … relationship between foreign presence and privatization decision …
Persistent link: https://www.econbiz.de/10013002978
We analyze privatization in a differentiated oligopoly setting with a domestic public firm and foreign profit …-maximizing firms. In particular, we examine pricing below marginal cost by public firm, the optimal degree of privatization and, the … relationship between privatization and foreign ownership restrictions. When market structure is exogenous, partial privatization of …
Persistent link: https://www.econbiz.de/10013084966
This paper proposes a model of imperfect competition among privately owned firms that act in the best interest of their shareholders. The existence of a solution for the model is proved under weaker conditions than the ones generally used in the literature. In particular, the results did not...
Persistent link: https://www.econbiz.de/10013051138
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
Critics of privatization argue that privatization encourages providers to lobby for industry expansion. I argue that … expenditures, some initial amount of privatization always decreases industry-expanding advocacy. The extent of privatization for … the extent of collusion. Under relaxed assumptions, the effect of privatization on industry-expanding advocacy is …
Persistent link: https://www.econbiz.de/10014052239
We study a vertically differentiated market where two firms simultaneously choose the quality and price of the good they sell and where consumers also care for the average quality of the goods supplied. Firms are composed of two factions whose objectives differ: one is maximizing profit while...
Persistent link: https://www.econbiz.de/10014055743
This paper investigates the impact of technical progress on the relationship between competition an investment. Using a model of oligopoly competition with di¤erentiated products where firms invest to reduce their marginal cost of production, I find that technical progress, which increases the...
Persistent link: https://www.econbiz.de/10011957665
The increasing awareness of corporate social responsibility (CSR) makes the investment in CSR activities a strategy to distinguish firms in a competitive environment. In practice, a greenwashing phenomenon is identified where a firm uses CSR investment as a marketing gimmick and only invests in...
Persistent link: https://www.econbiz.de/10014348867
This paper investigates the relationship between technical progress, competition, and the impact on consumer's surplus and welfare. A Hotelling model in symmetrical duopoly with full market coverage is introduced. Firms invest in order to improve the quality of their offer and thus consumers'...
Persistent link: https://www.econbiz.de/10014191139
analytically derive the welfare effect of privatization of port 2 and determine the optimal degree of privatization. Under Cournot … privatization, partial privatization and full nationalization, which hinges mainly upon the market size, both horizontal and … necessarily a one-size-fits-all strategy for port privatization, and it is important for policymakers to consider the effects of …
Persistent link: https://www.econbiz.de/10011943387