Mixed Oligopoly, Partial Privatization and Subsidization
Yoshihiro Tomaru ()
Economics Bulletin, 2006, vol. 12, issue 5, 1-6
Abstract:
White (1996), Poyago-Theotoky (2001) and Myles (2002) prove that the optimal subsidy, equilibrium output level, all firms' profits and social welfare are identical before and after privatization of a public firm in a mixed oligopolistic market. We show that we can obtain these irrelevance results even though partial privatization introduced by Matsumura (1998) is considered.
Keywords: Mixed; Oligopoly (search for similar items in EconPapers)
JEL-codes: H4 L1 (search for similar items in EconPapers)
Date: 2006-07-25
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Citations: View citations in EconPapers (26)
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