Social welfare with a foreign competitor
In this paper, we consider a mixed market in which a state-owned welfare-maximizing public (domestic) firm competes against a profit-maximizing private (foreign) firm. We suppose that the domestic firm is less eflScient than the foreign firm. However, the domestic firm can lower its marginal costs b...
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| Format: | conferenceObject |
| Language: | eng |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10400.22/4388 |
| Country: | Portugal |
| Oai: | oai:recipp.ipp.pt:10400.22/4388 |