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This paper investigates the relationship between partial privatization and the entry of private firms. The effects of foreign private firms' entry on a public firm's output and on the home country's welfare are different from well known results, if the public firm is partially privatized....
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We address two questions. First, does the excess entry result of pure oligopoly hold when firms face a substitute good …
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This Element offers a review and synthesis of the theoretical analysis of mixed oligopoly, that is a hybrid market … feature of a mixed oligopoly is that firms have different objectives. A public firm's objective is a notion of social welfare …, together with several applications from diverse subfields spanning industrial organisation, applied microeconomic theory …
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We charaterise the socially optimal mix of firms in an oligopoly with both profit-seeking and labour-managed firms. The …
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