Recent evidence shows that developing countries and transition economies are increasingly
privatizing their public firms and at the same time experiencing rapid growth of inward …

In mixed oligopolies, technology licensing from a cost‐efficient firm to a cost‐inefficient firm
has been widely observed. This paper examines the relationship between privatization and …

We determine optimal privatization in a symmetric differentiated duopoly when the public
firms do not bear the full cost of production and hence their objective functions differ from the …

This paper examines the causes of MNCs' divestments in China. The MNCs' profitability,
market shares and productivities are negatively related to the possibility of divestment, while …

Cost asymmetries between the public and the private firms create a rationale for privatising
the public firms. We show that this argument is restrictive, since it does not allow for other …

This paper analyzes the effects of partial public ownership on product differentiation and
social welfare in the framework of a mixed duopoly with spatial competition. It shows that …

The recent financial crisis led many governments to buy equity in banks leading to situations
of mixed oligopoly in banking markets. We model such a case where a partially state-owned …

We look at privatization in a general equilibrium model of a small, tariff‐distorted, open
economy. There is a differentiated good produced by both private and public sector …

We consider deposit competition between two banks, where prior to competition one bank is
subjected to a nationalization decision and the other bank chooses managerial incentives …

Islamic banking deposits are fundamentally structured in a different way than the
conventional banking deposits. Each type of Islamic banking deposits, such as savings …