Logo
Munich Personal RePEc Archive

Mixed Oligopoly, privatization and strategic trade policy: a note

Sepahvand, Mehrdad and Cornes, Richard (2005): Mixed Oligopoly, privatization and strategic trade policy: a note.

[thumbnail of MPRA_paper_3382.pdf]
Preview
PDF
MPRA_paper_3382.pdf

Download (242kB) | Preview

Abstract

In debates over privatization and global competition mixed Cournot oligopoly models have been used to show that the presence of a state-owned enterprise in the host country is always associated with a distortionary effect that may justify privatization even if the public firm is just as efficient as its private counterparts. This study argues that this result is valid only under Cournot competition and Cournot competition is not a plausible modelling assumption in this context because in this type of market the firms’ simultaneous play strategies lack credibility.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.