Optimal partial privatization in mixed oligopoly: a geometric approach

Hiroyuki Takami () and Tamotsu Nakamura ()
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Hiroyuki Takami: Oita University
Tamotsu Nakamura: Kobe University

Economics Bulletin, 2013, vol. 33, issue 4, 2958-2967

Abstract: In homogenous mixed oligopoly neither full nationalization nor full privatization is optimal under moderate conditions. This paper provides an intuitive geometric explanation to the result by means of best-response functions and iso-social-surplus curves. It is also shown that the optimal degree of partial privatization can easily be derived from the explanation.

Keywords: Mixed oligopoly; Partial privatization; Geometric approach (search for similar items in EconPapers)
JEL-codes: C7 L1 (search for similar items in EconPapers)
Date: 2013-12-23
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