Flexible vs Dedicated Technology Adoption in the Presence of a Public Firm
Maria Jose Gil-Molto () and
Additional contact information
Maria Jose Gil-Molto: Dept of Economics, Loughborough University
Authors registered in the RePEc Author Service: Maria Jose Gil Molto ()
Discussion Paper Series from Department of Economics, Loughborough University
We study firms' adoption of flexible versus dedicated technologies in the context of a mixed versus a private duopoly with product differentiation. The flexible technology allows a firm to become multiproduct or multimarket without bearing additional costs. We find that a configuration where both firms adopt flexible technologies is more likely to arise in equilibrium in the private duopoly. A similar result occurs when both firms use a dedicated technology in the case of either almost independent products or products that are close substitutes. Privatization of the public firm is socially beneficial only in limited circumstances.
Keywords: Flexible Technology; Privatization; Public Firm; Mixed Duopoly. (search for similar items in EconPapers)
JEL-codes: L32 L33 L13 O33 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-ino and nep-tid
Date: 2006-01, Revised 2006-01
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.lboro.ac.uk/departments/ec/RePEc/lbo/lbowps/fmsFINAL.pdf [301 Moved Permanently]--> https://www.lboro.ac.uk/departments/ec/RePEc/lbo/lbowps/fmsFINAL.pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:lbo:lbowps:2006_1
Access Statistics for this paper
More papers in Discussion Paper Series from Department of Economics, Loughborough University Contact information at EDIRC.
Bibliographic data for series maintained by Huw Edwards ().