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Oligopoly exploitation of a private property productive asset

✍ Scribed by Colombo, Luca; Labrecciosa, Paola

Book ID
118744994
Publisher
Elsevier Science
Year
2013
Tongue
English
Weight
427 KB
Volume
37
Category
Article
ISSN
0165-1889

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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