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A Mixed Oligopoly in the Presence of Foreign Private Firms

โœ Scribed by Kenneth Fjell and Debashis Pal


Book ID
125000787
Publisher
John Wiley and Sons
Year
1996
Tongue
English
Weight
208 KB
Volume
29
Category
Article
ISSN
0008-4085

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## Abstract Previous research examining mixed duopolies shows that the use of an optimal incentive contract for the public firm increases welfare and that privatization reduces welfare. We demonstrate that these results do not generalize to a mixed oligopoly with multiple private firms. We derive t