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Privatization and government preference: Cournot vs Bertrand models

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dc.contributor.authorFerreira, Fernanda A.
dc.contributor.authorFerreira, Flávio
dc.date.accessioned2018-10-23T14:51:47Z
dc.date.available2018-10-23T14:51:47Z
dc.date.issued2018
dc.description.abstractWe will consider a mixed Bertrand duopoly model (that means, two firms decide simultaneously their prices for a substitutable good) to study the relationship between the privatization of a state-owned public firm and government preferences for tax revenue. In the model, we assume that the government imposes a specific tax rate on the quantity produced by each firm. The public firm aims to maximize social welfare, whereas the government’s objective function is a weighted sum between social welfare and tax revenue. Of course, the private firm aims to maximize its own profit. Furthermore, we also present the results for the Cournot duopoly model with differentiated goods, and we do a comparison between both models. We also present comparative static results.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.doi10.5890/JAND.2018.09.007pt_PT
dc.identifier.issn2164-6457
dc.identifier.issn2164-6473
dc.identifier.urihttp://hdl.handle.net/10400.22/12082
dc.language.isoengpt_PT
dc.publisherL&H Scientific Publishingpt_PT
dc.relationAuthors thank to UNIAG, R&D unit funded by FCT - Portuguese Foundation for the Developmeent of Science and Technology, Ministry of Science, Technology and Higher Education, under the Project UID/GES/04752/2016.
dc.relationUID/GES/04752/2016
dc.relation.publisherversionhttps://www.lhscientificpublishing.com/Journals/JAND-Download.aspxpt_PT
dc.subjectModelingpt_PT
dc.subjectOptimizationpt_PT
dc.subjectIndustrial organizationpt_PT
dc.subjectGame theorypt_PT
dc.titlePrivatization and government preference: Cournot vs Bertrand modelspt_PT
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage308pt_PT
oaire.citation.startPage297pt_PT
oaire.citation.titleJournal of Applied Nonlinear Dynamicspt_PT
oaire.citation.volume7, 3pt_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.typearticlept_PT
relation.isAuthorOfPublicationaaa18584-508e-46b1-9b50-4e174c0e142c
relation.isAuthorOfPublication6f67981a-3965-4ace-aec9-65938c4bcf66
relation.isAuthorOfPublication.latestForDiscoveryaaa18584-508e-46b1-9b50-4e174c0e142c

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