Collusion in mixed oligopolies and the coordinated effects of privatization
We study the sustainability of collusion in mixed oligopolies where private and public firms only differ in their objective: private firms maximize profits, while public firms maximize total surplus. If marginal costs are increasing, public firms do not supply the entire market, leaving room for pri...
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Format: | article |
Language: | eng |
Published: |
2019
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Online Access: | http://hdl.handle.net/10400.14/27891 |
Country: | Portugal |
Oai: | oai:repositorio.ucp.pt:10400.14/27891 |