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Mixed oligopoly, subsidization and the order of firms' moves: an irrelevance result

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Author Info
Joanna Poyago-Theotoky () (University of Nottingham)

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Abstract

In the presence of output subsidization, the optimal output subsidy is identical and profits, output and social welfare are also identical irrespective of whether (i)a public firm moves simultaneously with n private firms or (ii) it acts as a Stackelberg leader or (iii) all firms, public and private, behave as profit-maximizers.

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File URL: http://www.economicsbulletin.com/2001/volume12/EB-01L30001A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 12 (2001)
Issue (Month): ()
Pages: 1-5
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:eb-01l30001

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Related research
Keywords: mixed oligopoly; output subsidy; simultaneous versus sequential moves;

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Find related papers by JEL classification:
L3 - Industrial Organization - - Nonprofit Organizations and Public Enterprise
L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. de Fraja, Giovanni & Delbono, Flavio, 1990. " Game Theoretic Models of Mixed Oligopoly," Journal of Economic Surveys, Blackwell Publishing, vol. 4(1), pages 1-17.
  2. de Fraja, Giovanni & Delbono, Flavio, 1989. "Alternative Strategies of a Public Enterprise in Oligopoly," Oxford Economic Papers, Oxford University Press, vol. 41(2), pages 302-11, April. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Kangsik, Choi, 2009. "Endogenous Timing with Government's Preference and Privatization," MPRA Paper 13844, University Library of Munich, Germany. [Downloadable!]
  2. Roy Chowdhury, Prabal, 2007. "Mixed oligopoly with consumer-friendly public firms," MPRA Paper 4255, University Library of Munich, Germany. [Downloadable!]
  3. Denis, CLAUDE & Jean, HINDRIKS, 2005. "Strategic Privatization and Regulation Policy in Mixed Markets," Discussion Papers (ECON - Département des Sciences Economiques) 2005016, Université catholique de Louvain, Département des Sciences Economiques. [Downloadable!]
    Other versions:
  4. Claude, Denis & Tidball, Mabel, 2006. "Efficiency inducing taxation for polluting oligopolists: the irrelevance of privatization," MPRA Paper 776, University Library of Munich, Germany, revised 15 Oct 2006. [Downloadable!]
    Other versions:
  5. Choi, Kangsik, 2009. "Government's Preference and Timing of Endogenous Wage Setting: Perspectives on Privatization and Mixed Duopoly," MPRA Paper 17221, University Library of Munich, Germany. [Downloadable!]
  6. Yoshihiro Tomaru, 2006. "Mixed Oligopoly, Partial Privatization and Subsidization," Economics Bulletin, Economics Bulletin, vol. 12(5), pages 1-6. [Downloadable!]
  7. Gareth Myles, 2002. "Mixed oligopoly, subsidization and the order of firms' moves: an irrelevance result for the general case," Economics Bulletin, Economics Bulletin, vol. 12, pages 1-6. [Downloadable!]
  8. Roy Chowdhury, Prabal, 2009. "Mixed Duopoly with Price Competition," MPRA Paper 9220, University Library of Munich, Germany. [Downloadable!]
  9. Nigar Hashimzade & Hassan Khodavaisi & Gareth Myles, 2007. "An irrelevance result with differentiated goods," Economics Bulletin, Economics Bulletin, vol. 8(2), pages 1-7. [Downloadable!]
  10. Vasileios Zikos, 2007. "A Reappraisal of the Irrelevance result in mixed duopoly: A note on R&D competition," Economics Bulletin, Economics Bulletin, vol. 12(8), pages 1-6. [Downloadable!]
  11. Vasileios Zikos, 2007. "Stackelberg mixed oligopoly with asymmetric subsidies," Economics Bulletin, Economics Bulletin, vol. 12(13), pages 1-5. [Downloadable!]
  12. Kangsik, Choi, 2009. "Privatization, Government's Preference and Unionization Structure: A Mixed Oligopoly Approach," MPRA Paper 13028, University Library of Munich, Germany. [Downloadable!]
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This page was last updated on 2009-12-12.


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