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This Element offers a review and synthesis of the theoretical analysis of mixed oligopoly, that is a hybrid market structure in which public (state-owned) and private firms interact, using a variety of strategic variables. A distinguishing feature of a mixed oligopoly is that firms have...
Persistent link: https://www.econbiz.de/10014530512
We study firms' adoption of flexible versus dedicated technologies in the context of a mixed versus a private duopoly with product differentiation. The flexible technology allows a firm to become multiproduct or multimarket without bearing additional costs. We find that a configuration where...
Persistent link: https://www.econbiz.de/10005385320
We develop a model of a mixed oligopoly to examine the role of R&D subsidies and evaluate the welfare effects of privatization. In solving the (n 1)-firms oligopoly model we make use of aggregative games techniques. Our analysis reveals that privatization reduces the optimal R&D subsidy, but...
Persistent link: https://www.econbiz.de/10012921803
We examine the use of subsidies to R&D in a mixed and a private duopoly market. We show that the socially optimal R&D subsidy is increasing in the degree of spillovers but it is lower in the private duopoly. The optimal R&D subsidy leads to an increase in total R&D and production, however, it...
Persistent link: https://www.econbiz.de/10013068306
We examine the use of subsidies to R&D in a mixed and a private duopoly market. We show that the socially optimal R&D subsidy is increasing in the degree of spillovers but it is lower in the private duopoly. The optimal R&D subsidy leads to an increase in total R&D and production, however, it...
Persistent link: https://www.econbiz.de/10003989543
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The paper offers an interim report on the early stages of development and implementation of a leadership program whose genesis was in direct response to the challenges of privatisation. Early evaluation suggests that training and education in this context, while comprising only part of the...
Persistent link: https://www.econbiz.de/10010541638