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    Please use this identifier to cite or link to this item: http://ir.lib.ksu.edu.tw/handle/987654321/3208


    Title: Privatization and Efficiency Gain in an International Mixed Oligopoly with Asymmetric Costs
    Authors: WangLeonard F.S.
    WangYa-Chin
    ZhaoLihong
    Keywords: Mixed Oligopoly
    Privatization
    Efficiency Gain
    Endogenous Timing
    Asymmetric Costs
    Date: 2008-12-15
    Issue Date: 2009-08-13 23:34:48 (UTC+8)
    Abstract: This paper examines two policy instruments: privatization of the domestic publicfirm and imposition of a tariff on foreign private firms in an international mixedoligopolistic model with asymmetric costs. It first demonstrates that different ordersof moves of firms will imply different government decisions on optimal tariff and onprivatization policy. Following Hamilton and Slutsky (1990), this paper then uses anextended game to discuss endogenous roles. It indicates that the efficiency gain thathighlights the importance of foreign competition is crucial in determining thewelfare-improving privatization policy. Moreover, the endogenous equilibria areassociated with different government decisions on privatization.
    Appears in Collections:[金融管理系] 期刊論文

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