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Is Oligopoly a Condition of Successful Privatization? The Case of Cotton in Zimbabwe

โœ Scribed by Marianne Nylandsted Larsen

Book ID
108572015
Publisher
John Wiley and Sons
Year
2002
Tongue
English
Weight
167 KB
Volume
2
Category
Article
ISSN
1471-0358

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โœ John S. Heywood; Guangliang Ye ๐Ÿ“‚ Article ๐Ÿ“… 2009 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 190 KB

## 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