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We study the optimal manipulation rules of a public firm’s objective function in a mixed oligopoly with imperfect product substitutability. We start with a baseline duopoly model and compare the solutions under quantity and price competition, and the way they are affected by product...
Persistent link: https://www.econbiz.de/10010863153
By developing a linear model in a two-country framework of international price competition, we show how the degree of product differentiation and the cross-country distribution of private firms affect the strategic privatization choices made by governments concerned with their own country's...
Persistent link: https://www.econbiz.de/10011853385
We study the optimal manipulation rules of a public firm’s objective function in a mixed duopoly with imperfect product substitutability. We compare the solutions under quantity and price competition, and the way in which they are affected by the degree of product substitutability. This...
Persistent link: https://www.econbiz.de/10009320954
Persistent link: https://www.econbiz.de/10010348839
By developing a linear model in a two-country framework of international price competition, we show how the degree of product differentiation and the cross-country distribution of private firms affect the strategic privatization choices made by governments concerned with their own country’s...
Persistent link: https://www.econbiz.de/10011785057
Persistent link: https://www.econbiz.de/10014447488