haku: @author Thisse, J-F. / yhteensä: 15
viite: 12 / 15
| Tekijä: | Cremer, H. Marchand, M. Thisse, J-F. |
| Otsikko: | The public firm as an instrument for regulating an oligopolistic market. |
| Lehti: | Oxford Economic Papers
1989 : APR, VOL. 41:2, p. 283-301 |
| Asiasana: | PUBLIC CORPORATIONS OLIGOPOLY |
| Kieli: | eng |
| Tiivistelmä: | In Western countries public firms compete with private firms in oligopolistic markets. The extent to which public enterprises can be used as policy instrument to improve resource allocation in an imperfectly competitive market is analyzed. The model of mixed oligopoly, the entry problem and the profitability of existing firms are analyzed in the long run. The model doesn't lead to sharp policy recommendations concerning privatization. Rather, it could support arguments for both policies. Besides the cost parameters, the answer would crucially depend on market structure. |
SCIMA