Optimal degree of privatization in a mixed oligopoly with multiple public enterprises
MPRA Paper from University Library of Munich, Germany
I discuss the optimal degree of privatization in a mixed oligopoly in which multiple public enterprises exist. I find that the optimal degree of privatization is increasing in the number of private firms n and independent of the number of public firms m. These results suggest that no matter how many public firms exist, an increase in the number of private firms would increase the optimal degree of privatization as long as all public firms are partially privatized at the same degree.
Keywords: Quantity-setting; Partial privatization; Mixed oligopoly (search for similar items in EconPapers)
JEL-codes: C72 H42 L13 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-gth and nep-mic
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