Capuano, Carlo; De Feo, Giuseppe - 2009
public rms had not been privatized, it was required its management to
operate satisfying the budget balance constraint or to … money for reducing public debt or distortionary taxes, is often
a complementary target6. The main consequence is that … between to privatize a public rm and
to ask its management to maximize no welfare but pro ts. This case is what we call a …