In den Bereich der öffentlichen Haushaltswirtschaft, der ehedem fest in die Zuständigkeit der kameralistischen Buchhaltung fiel, dringen seit einer Reihe von Jahren Bestandteile des kaufmännischen Rechnungswesens ein. Ausgangspunkt dieser Entwicklung ist die Kritik, dass das kameralistische...

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, wherea private firm competes in quantities with a welfare-maximizing public firm. We consider twoinefficiencies of the public sector: a possible cost inefficiency, and an allocative inefficiencydue to the...

The aim of this paper is to investigate the welfare effect of privatization in oligopoly when the government takes into account the distortionary effect of raising funds by taxation (shadow cost of public funds). We analyze the impact of the change in ownership not only on the objective function...

I study the endogenous choice of a price or quantity contract in a mixed duopoly with a socially concerned firm which maximizes a combination of profit and consumer welfare. Contrasting the literature, I find that equilibria where firms adopt price contracts and quantity contracts might coexist....

This paper investigates the effects of cross-ownership on optimal privatization, and vice-versa, in mixed duopoly. It shows that cross-ownership is profitable to the private firm only if the level of privatization of the public firm is sufficiently high. In equilibrium, cross-ownership does not...

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm complete in quantities with a welfare-maximizing public firm. We consider two inefficiencies of the public sector : a possible cost inefficiency and an allocative inefficiency due to...

The aim of this paper is to investigate the welfare effect of privatization in oligopoly when the government takes into account the distortionary effect of raising funds by taxation (shadow cost of public funds). We analyze the impact of the change in ownership not only on the objective function...

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm complete in quantities with a welfare-maximizing public firm. We consider two inefficiencies of the public sector : a possible cost inefficiency and an allocative inefficiency due to...

The purpose of this paper is to investigate the effect of privatization in a mixed duopoly, where a private firm competes in quantities with a welfare-maximizing public firm. We consider two inefficiencies of the public sector: a possible cost inefficiency, and an allocative inefficiency due to...