Optimal Privatization and Subsidization Policies in a Mixed Duopoly: Relevance of a Cost Gap

This study considers subsidization and privatization policies in a mixed duopoly with one public firm and one private firm. The special feature of this study is that privatization can reduce the cost gap between the firms. We show that the optimal subsidy yields the efficient production allocation i...

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Veröffentlicht in:	Journal of institutional and theoretical economics 2018-12, Vol.174 (4), p.689-706
Hauptverfasser:	Tomaru, Yoshihiro, Wang, Leonard F. S.
Format:	Artikel
Sprache:	eng
Schlagworte:	Duopoly Economic models Privatization Studies Subsidies
Online-Zugang:	Volltext
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