Results 161 to 170 of about 2,209,231 (189)

Privatization and Efficiency: A Mixed Oligopoly Approach

Journal of Economics, 2011
While models of mixed oligopoly have been analyzed within a rapidly growing literature, little is known about the mechanism of efficiency improvement relating to partial privatization. In this paper, we endogenize efficiency improvement in relation to the level of privatization.
openaire   +2 more sources

Informative Advertising in a Mixed Oligopoly

Review of Industrial Organization, 2016
We study a mixed duopoly in which firms compete in advertising and quantity. The sum of informative advertising undertaken often exceeds that in a private duopoly, and whenever this happens the presence of the public (i.e., government) firm decreases social welfare.
Shaohua Han, John S. Heywood, Guangliang Ye   +2 more
openaire   +1 more source

Merger profitability in mixed oligopoly

Journal of Economics, 2008
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +1 more source

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.
Joanna Poyago-Theotoky
exaly   +3 more sources

Mixed Oligopoly and Entry

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
openaire  

Cournot-Bertrand mixed oligopolies

1976
Two kinds of oligopoly models are considered in the literature, one of them is usually attributed to the very founder of the theory A. Cournot [l838], the other one to J. Bertrand [l883] (see, e.g Priedmann [l972]. Both kinds are intended to describe a market with imperfect competition.
Stanisław Bylka, Jan Komar
openaire   +1 more source

Location choice in a mixed oligopoly

Economic Modelling, 2006
Abstract 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.
openaire   +1 more source

Delegation and Efficiency in a Mixed Oligopoly

Annals of Economics and Statistics, 1994
The 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 ...
openaire   +3 more sources

Privatization in a Stackelberg Mixed Oligopoly

2016
This 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.
openaire   +1 more source

Strategic commitment in a mixed oligopoly

Research in Economics, 2008
Abstract 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.
openaire   +2 more sources