EconPapers    
Economics at your fingertips  
 

Oligopole mixte dans un marché commun

Giacomo Corneo and Oliver Jeanne

Annals of Economics and Statistics, 1994, issue 33, 73-90

Abstract: We consider a "continental" mixed oligopoly in which public firms maximize national surplus. In the unique Cournot-Nash equilibrium the countries with a public firm are net exporters and the price lies above the constant marginal cost. Moreover the objective of the public firms may be expressed uniquely in terms of exports. Nationalization, privatization, and creation of a public firm may increase the continental and national welfare under some conditions on the industry structure which we explicitly determine.

Date: 1994
References: Add references at CitEc
Citations: View citations in EconPapers (19) Track citations by RSS feed

Downloads: (external link)
http://www.jstor.org/stable/20075937 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:adr:anecst:y:1994:i:33:p:73-90

Access Statistics for this article

Annals of Economics and Statistics is currently edited by Laurent Linnemer

More articles in Annals of Economics and Statistics from GENES Contact information at EDIRC.
Bibliographic data for series maintained by Laurent Linnemer ().

 
Page updated 2019-05-24
Handle: RePEc:adr:anecst:y:1994:i:33:p:73-90