We investigate a mixed market where a state‐owned welfare‐maximizing public firm
competes against profit‐maximizing private firms. We use a circular city model with quantity …

Bilevel optimization is a vital field of active research. Depending on its formulation it is part of
nonsmooth or nondifferentiable optimization, conic programming, optimization with …

Traditional oligopoly models hold that firms compete in the same strategic variable, output
(Cournot) or price (Bertrand). Alternatively, a hybrid model allows some firms to compete in …

We investigate a quantity-setting duopoly involving a private firm and a privatized firm jointly
owned by the public and private sectors. The private firm maximizes profits, while the …

This paper investigates the effects of privatization in the presence of strategic trade policies
within an international mixed oligopoly serving a single market. If the government uses a …

We investigate the optimal behavior of a public firm in a mixed market involving private firms
and one public firm. Existing works show that welfare-maximizing behavior by the public firm …

This paper demonstrates three effects of domestic production subsidies in a mixed oligopoly
industry regarding privatization and efficiency. First, if subsidies are used before and after …

This paper analyzes a dynamic mixed duopoly in which a profit-maximizing competitor
interacts with a competitor that prices at zero (or marginal cost), with the cumulation of output …

We consider a market in which a public firm competes against private ones, and ask what
happens when the public firm is privatized. In the short run, privatization is harmful because …

We investigate a mixed duopoly, where a state‐owned welfare‐maximizing public firm
competes against a profit‐maximizing private firm. We use a Hotelling‐type spatial model …