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Mixed oligopolies and collusion

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  • Stefano Colombo

    (Università Cattolica del Sacro Cuore)

Abstract

We introduce a firm partially owned by the government in a dynamic model of collusion between a subset of private firms. We show that increasing the public ownership of the non-colluding firm may help collusion between the private firms.

Suggested Citation

  • Stefano Colombo, 2016. "Mixed oligopolies and collusion," Journal of Economics, Springer, vol. 118(2), pages 167-184, June.
    • Handle: RePEc:kap:jeczfn:v:118:y:2016:i:2:d:10.1007_s00712-015-0467-z
    DOI: 10.1007/s00712-015-0467-z
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    Cited by:

    1. Zoltán Rácz & Attila Tasnádi, 2016. "A Bertrand–Edgeworth oligopoly with a public firm," Journal of Economics, Springer, vol. 119(3), pages 253-266, November.
    2. Sang-Ho Lee & Toshihiro Matsumura & Susumu Sato, 2018. "An analysis of entry-then-privatization model: welfare and policy implications," Journal of Economics, Springer, vol. 123(1), pages 71-88, January.
    3. Haraguchi, Junichi & Matsumura, Toshihiro, 2018. "Multiple Long-Run Equilibria in a Free-Entry Mixed Oligopoly," MPRA Paper 86704, University Library of Munich, Germany.
    4. Marc Escrihuela-Villar & Carlos Gutiérrez-Hita, 2019. "On competition and welfare enhancing policies in a mixed oligopoly," Journal of Economics, Springer, vol. 126(3), pages 259-274, April.
    5. Juan Carlos Bárcena-Ruiz & María Begoña Garzón, 2017. "Privatization of state holding corporations," Journal of Economics, Springer, vol. 120(2), pages 171-188, March.
    6. Izabela Nielsen & Sani Majumder & Eryk Szwarc & Subrata Saha, 2020. "Impact of Strategic Cooperation under Competition on Green Product Manufacturing," Sustainability, MDPI, vol. 12(24), pages 1-28, December.
    7. Sato, Susumu & Matsumura, Toshihiro, 2019. "Shadow cost of public funds and privatization policies," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
    8. Haraguchi, Junichi & Matsumura, Toshihiro, 2018. "Government-leading welfare-improving collusion," International Review of Economics & Finance, Elsevier, vol. 56(C), pages 363-370.
    9. Koichi Futagami & Toshihiro Matsumura & Kizuku Takao, 2019. "Mixed duopoly: Differential game approach," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 21(4), pages 771-793, August.
    10. Marc Escrihuela-Villar & Carlos Gutiérrez-Hita, 2018. "A note on the privatization neutrality result with colluding private firms," Economics Bulletin, AccessEcon, vol. 38(4), pages 2016-2025.
    11. João Correia-da-Silva & Joana Pinho, 2018. "Collusion in mixed oligopolies and the coordinated effects of privatization," Journal of Economics, Springer, vol. 124(1), pages 19-55, May.
    12. Kosuke Hirose & Toshihiro Matsumura, 2019. "Comparing welfare and profit in quantity and price competition within Stackelberg mixed duopolies," Journal of Economics, Springer, vol. 126(1), pages 75-93, January.
    13. Tai-Liang Chen, 2017. "Privatization and efficiency: a mixed oligopoly approach," Journal of Economics, Springer, vol. 120(3), pages 251-268, April.
    14. Chih-Wei Chang & Dachrahn Wu & Yan-Shu Lin, 2018. "Price control and privatization in a mixed duopoly with a public social enterprise," Journal of Economics, Springer, vol. 124(1), pages 57-73, May.
    15. Juan Carlos Bárcena-Ruiz & María Begoña Garzón, 2020. "Partial privatization in an international mixed oligopoly under product differentiation," Journal of Economics, Springer, vol. 131(1), pages 77-100, September.
    16. Kai Andree & John S. Heywood & Mike Schwan & Zheng Wang, 2018. "A Spatial Model Of Cartel Stability: The Influence Of Production Cost Convexity," Bulletin of Economic Research, Wiley Blackwell, vol. 70(3), pages 298-311, July.
    17. Mariana Cunha & Filipa Mota, 2020. "Coordinated Effects of Corporate Social Responsibility," Journal of Industry, Competition and Trade, Springer, vol. 20(4), pages 617-641, December.
    18. Masuda, Taku & Sato, Susumu, 2017. "Partial Privatization under Multimarket Price Competition," MPRA Paper 82269, University Library of Munich, Germany.
    19. Filipa Mota & João Correia-da-Silva & Joana Pinho, 2023. "Public–Private Collusion," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 62(4), pages 393-417, June.
    20. Tai-Liang Chen & Yuxiang Zou, 2022. "Product differentiation, privatization commitment and profitability comparisons," Journal of Economics, Springer, vol. 136(1), pages 1-24, June.
    21. Liu, Yi & Lahiri, Sajal & Liu, Tianqi, 2018. "Optimal Partial Privatization in the Presence of Foreign Competition: The Role of Efficiency Differentials and Unemployment," MPRA Paper 91471, University Library of Munich, Germany, revised 23 Jan 2019.
    22. Haruna Shoji & Goel Rajeev K., 2016. "International Tariffs in a Mixed Oligopoly with Research Spillovers," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 22(3), pages 277-293, August.
    23. Sato, Susumu & Matsumura, Toshihiro, 2018. "Flexible Privatization Policy in Free-Entry Markets," MPRA Paper 88444, University Library of Munich, Germany.

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    More about this item

    Keywords

    Mixed oligopolies; Collusion;

    JEL classification:

    • D43 - Microeconomics - - Market Structure, Pricing, and Design - - - Oligopoly and Other Forms of Market Imperfection
    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets

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