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Yoshihiro Tomaru
''Mixed Oligopoly, Partial Privatization and Subsidization''
( 2006, Vol. 12 No.5 )
White (1996), Poyago-Theotoky (2001) and Myles (2002) prove that the optimal subsidy, equilibrium output level, all firms' profits and social welfare are identical before and after privatization of a public firm in a mixed oligopolistic market. We show that we can obtain these irrelevance results even though partial privatization introduced by Matsumura (1998) is considered.
Keywords: Mixed Oligopoly
JEL: L1 - Market Structure, Firm Strategy, and Market Performance: General
H4 - Publicly Provided Goods: General
Manuscript Received : Jul 18 2006 Manuscript Accepted : Jul 25 2006

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