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Privatization and subsidization in a quantity-price-setting mixed duopoly

dc.contributor.authorFerreira, Fernanda A.
dc.contributor.authorFerreira, Flávio
dc.date.accessioned2018-08-07T09:36:06Z
dc.date.available2018-08-07T09:36:06Z
dc.date.issued2018
dc.description.abstractUsually, market models analyse competition between firms with either quantity or price as decision’s variables. This paper analyses the effects of production subsidies in both mixed and privatized duopolies, in which one firm (the public one) sets the production output and the other one (the private firm) sets the price. Furthermore, we assume that both firms take their decisions simultaneously. We analyse unsubsidized and subsidized policies in both mixed and private markets. This analysis allows us to show that if optimal subsidies are used before but not after privatization, then privatization lowers social welfare. Furthermore, if optimal subsidies are used before and after privatization, then privatization also lowers social welfare, but increases the value of the subsidy.pt_PT
dc.description.sponsorshipUNIAG, R&D unit funded by the FCT – Portuguese Foundation for the Development of Science and Technology, Ministry of Science, Technology and Higher Education, under the Project UID/GES/04752/2016.
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.1063/1.5045430pt_PT
dc.identifier.isbn978-0-7354-1698-7
dc.identifier.urihttp://hdl.handle.net/10400.22/11822
dc.language.isoengpt_PT
dc.relationUID/GES/04752/2016
dc.relation.publisherversionhttps://aip.scitation.org/doi/10.1063/1.5045430
dc.titlePrivatization and subsidization in a quantity-price-setting mixed duopolypt_PT
dc.typeconference object
dspace.entity.typePublication
oaire.citation.endPage020024-6pt_PT
oaire.citation.startPage020024-1pt_PT
oaire.citation.volume1982pt_PT
person.familyNameFerreira
person.familyNameFerreira
person.givenNameFernanda A.
person.givenNameFlávio
person.identifierR-000-4TV
person.identifier.ciencia-idD116-9419-5778
person.identifier.ciencia-id9F13-D3C6-244B
person.identifier.orcid0000-0002-1335-7821
person.identifier.orcid0000-0001-7812-0983
person.identifier.ridN-4563-2013
person.identifier.ridN-4562-2013
person.identifier.scopus-author-id24723992800
person.identifier.scopus-author-id22978799800
rcaap.rightsclosedAccesspt_PT
rcaap.typeconferenceObjectpt_PT
relation.isAuthorOfPublicationaaa18584-508e-46b1-9b50-4e174c0e142c
relation.isAuthorOfPublication6f67981a-3965-4ace-aec9-65938c4bcf66
relation.isAuthorOfPublication.latestForDiscoveryaaa18584-508e-46b1-9b50-4e174c0e142c

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