2013 Fiscal Year Final Research Report
Theoretical research on mixed oligopoly under labor and financial markets
| Project/Area Number |
23530325
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic policy
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| Research Institution | Oita University |
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Principal Investigator |
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| Co-Investigator(Kenkyū-buntansha) |
NAKAMURA Tamotsu 神戸大学, 大学院経済学研究科, 教授 (00237413)
NINOMIYA Kenshiro 滋賀大学, 経済学部, 教授 (30273395)
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| Project Period (FY) |
2011 – 2013
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| Keywords | 混合寡占 / 部分民営化 / 最適民営化比率 / profit sharing |
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| Research Abstract |
This project researches the optimal degree of partial privatization in a mixed oligopoly market in which private firm and public firm compete. We use the observation that the Cournot-Nash equilibrium under the optimal partial privatization is identical to the Stackelberg equilibrium with a fully-nationalized firm moving first and the private firm moving second.
As a result, it is shown that the optimal degree of partial privatization can also be easily derived by best-response functions and iso-social surplus curves.
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Research Products
(5 results)
