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Mixed duopoly, cross-ownership and partial privatization

โœ Scribed by Ritika Jain, Rupayan Pal

Book ID
118789284
Publisher
Springer Vienna
Year
2011
Tongue
English
Weight
376 KB
Volume
107
Category
Article
ISSN
1617-7134

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If a publicly-owned fim~ has a higher marginal cost than a private firm, partial public ownership may be welfare-improving, if the public firm acts is Stackelberg leader. If the private firm's marginal cost is private information a simple transfer function is truth-eliciting. If the stock market is