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| Yoshihiro Tomaru |
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| ''Mixed Oligopoly, Partial Privatization and Subsidization'' |
| ( 2006, Vol. 12 No.5 ) |
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| 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. |
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| Keywords: Mixed Oligopoly |
JEL: L1 - Market Structure, Firm Strategy, and Market Performance: General
H4 - Publicly Provided Goods: General |
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| Manuscript Received : Jul 18 2006 | | Manuscript Accepted : Jul 25 2006 |
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