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文章基本信息

  • 标题:Stackelberg mixed oligopoly with asymmetric subsidies
  • 本地全文:下载
  • 作者:Vasileios Zikos
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2007
  • 卷号:12
  • 出版社:Economics Bulletin
  • 摘要:In a mixed oligopoly, when the public leader becomes a private leader and the government provides output subsidies, then privatization causes the optimal subsidy, profits and welfare to fall [Economics Letters 83 (2004) 411]. We show instead that if the leader and the followers receive asymmetric, rather than symmetric subsidies, the first-best optimum can be restored. In this case, privatization bears no consequences on the followers' subsidy, output and welfare.
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