ESEIG - MAT - Livros, partes de livro ou capítulos de livro
Permanent URI for this collection
Browse
Browsing ESEIG - MAT - Livros, partes de livro ou capítulos de livro by Subject "Cournot duopoly"
Now showing 1 - 1 of 1
Results Per Page
Sort Options
- Privatization and government preferences in a mixed duopoly: Stackelberg versus CournotPublication . Ferreira, Fernanda A.; Ferreira, FlávioWe analyse the relationship between the privatization of a public firm and government preferences for tax revenue, by considering a (sequential) Stackelberg duopoly with the public firm as the leader. We assume that the government payoff is given by a weighted sum of tax revenue and the sum of consumer and producer surplus. We get that if the government puts a sufficiently larger weight on tax revenue than on the sum of both surpluses, it will not privatize the public firm. In contrast, if the government puts a moderately larger weight on tax revenue than on the sum of both surpluses, it will privatize the public firm. Furthermore, we compare our results with the ones previously published by an other author obtained in a (simultaneous) Cournot duopoly.