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Partial Privatization in a Differentiated Mixed Oligopoly

โœ Scribed by Kenji Fujiwara


Book ID
106217746
Publisher
Springer Vienna
Year
2007
Tongue
English
Weight
313 KB
Volume
92
Category
Article
ISSN
1617-7134

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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