GAME THEORETIC MODELS OF MIXED OLIGOPOLY Page 1 GAME THEORETIC MODELS
OF MIXED OLIGOPOLY Giovanni De Fraja University of Leicester and Flavio Delbono Istituto …

IN 1966 Memll and Schneider claimed that one easily gets the impression irom the existing
M y of economic literature that the productive facilities of a concentrated industry can be …

This paper considers the managerial incentive contract when public and private firms
compete in the same market. Social welfare is enhanced when all firms hire managers, but …

This paper analyzes the licensing policy for a cost-reduction technology of a foreign R&D
institution when it is faced with a domestic monopoly manufacturer. It is found that, due to …

Within a simple model of differentiated oligopoly, we show that tacit collusion may be
prevented by the threat of nationalising a private firm coupled with the appropriate choice of …

In a monopoly industry with firm-union wage bargaining, we show that it is optimal to
privatise a share of the public firm. The optimal privatisation share increases with the union's …

This paper analyses the choice of the bargaining agenda in a public/private unionised
monopoly, and investigates whether the traditional higher efficiency of the state ownership of …

When and how to privatize a public firm? This paper suggests that a welfare-enhancing
privatization may be triggered by a negative demand shock. When the shock is relatively …

In this paper we review various models that have been proposed for the study of mixed
oligopoly, more precisely of those markets in which private and public firm compete on equal …

The lieu common states that social welfare is higher under public than private monopoly.
This note shows that, in an industry with firm-union bargaining over wages, it is optimal to …