Results 121 to 130 of about 277 (147)
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2012
We analyze a mixed oligopoly with free entry by private firms. It is assumed that a state-owned enterprise (SOE) maximizes an increasing function of output, subject to a break-even constraint. We first show that, because of instability, the industry cannot contain more than one SOE.
John Bennett, Manfredi La manna
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We analyze a mixed oligopoly with free entry by private firms. It is assumed that a state-owned enterprise (SOE) maximizes an increasing function of output, subject to a break-even constraint. We first show that, because of instability, the industry cannot contain more than one SOE.
John Bennett, Manfredi La manna
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Privatization in a Stackelberg Mixed Oligopoly
2016This chapter examines whether privatization improves social welfare in a Stackelberg mixed oligopoly. Extending the pioneering study of De Fraja and Delbono (Oxf Econ Pap 41(1):302–311, 1989) to Stackelberg competitions between a public firm and private firms, we investigate whether privatization increases social welfare in a sequential-move game.
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Location choice in a mixed oligopoly
Economic Modelling, 2006Abstract In this paper, we develop a location-quantity model of mixed oligopoly where a welfare-maximizing firm competes against multi-store profit-maximizing firms. We show that agglomeration of private firms occurs in a circular market regardless of the number of stores of the public firm.
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Delegation and Efficiency in a Mixed Oligopoly
Annals of Economics and Statistics, 1994The present work analyses the effect of delegation on the market outcome when agents have private information about the firms' productivity. Two types of firms are considered: managerial firms (delegation) and entrepreneurial firms (no delegation). Due to the asymmetry of information managerial firms are less efficient (productive efficiency) because ...
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Strategic commitment in a mixed oligopoly
Research in Economics, 2008Abstract A dynamic three-stage game is modelled to analyse the capacity choice in a mixed oligopoly with private leaders and a public follower. To distinguish long-term and short-term market power, I consider two stages of investment, the first by a private firm and the second by a public one, and one stage of production.
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Mixed Oligopoly: Old and New [PDF]
, 2009 Many industries and “sectors” of a modern economy display the interaction of private and public agents which forms the topic of this seminar. A first approximation classification identifies three broad types of situations, which beyond the prima facie similarity, are however radically different in origin and nature.
Gianni De Fraja, Paola Valbonesi
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Mixed Oligopoly and Public Enterprises
This Element offers a review and synthesis of the theoretical analysis of mixed oligopoly, that is a hybrid market structure in which public (state-owned) and private firms interact, using a variety of strategic variables. A distinguishing feature of a mixed oligopoly is that firms have different objectives.openaire +2 more sources
Mixed oligopoly, cost-reducing research and development, and privatisation
European Journal of Operational Research, 2020Maria JOSÉ Gil-Molto +2 more
exaly
Coopetition in a Mixed Oligopoly Market
2007In this study, we aim to investigate the impact of privatization on the degree of cooperation and competition in a mixed oligopoly market. We consider a duopoly market that comprises one semipublic firm and one private firm. Each firm is assumed to determine the level of two types of effort: the cooperative effort made to enlarge the total market size ...
Duc-De Ngo, Mahito Okura
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