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This paper examines the validity of alternative assumptions aboutpublic enterprise strategies in the presence of both domestic and internationalcompetition. It extends the quantity-setting game to apreplay stage and endogenizes the firms’ order of moves to show thati) Cournot competition is...
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In debates over privatization and global competition mixed Cournot oligopoly models have been used to show that the presence of a state-owned enterprise in the host country is always associated with a distortionary effect that may justify privatization even if the public firm is just as...
Persistent link: https://www.econbiz.de/10015228779
This study investigates the possible sources of distortions in an international mixed oligopoly. We extend the existing linear/quadratic model to a general framework and show that a public enterprise may either serve as a regulatory device or may itself create an additional level of distortion....
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The large size and complexity of Information Technology systems in systematically important banks raise the need for creating an IT governance architecture that could make IT strategy aligned with business strategy and delivers value while it effectively identifies and manages IT risk. This...
Persistent link: https://www.econbiz.de/10012965704
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This paper examines the validity of alternative assumptions about public enterprise strategies in the presence of both domestic and international competition. It extends the quantity-setting game to a preplay stage and endogenizes the firms' order of moves to show that i) Cournot competition is...
Persistent link: https://www.econbiz.de/10014075193