出版社:Charles University in Prague, Faculty of Social Sciences, Institute of Economic Studies ; CEEOL
摘要:In the last decades, transitional countries of Central and Eastern Europe have engaged in strong privatization programs of public utilities. However, a large part of them did not meet legal and economic conditions needed for a market economy to take place. In this paper, we study how a firm producing a public utility and moving from a public ownership to privatization and thus adopting a profit-maximizing criterion defines its production plans, when an appropriate regulatory environment is still lacking.
关键词:Privatization ; public utilities ; dynamic programming