All Rights Reserved
AccessEcon LLC 2006, 2008.
Powered by MinhViet JSC

 
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

  This abstract has been downloaded 2300 times                The Full PDF of this paper has been downloaded 166541 times