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doi: 10.1063/5.0026435
handle: 10400.22/16520
This paper studies the optimal level of privatization in a mixed duopoly with one state-owned semi-public firm and one private firm producing imperfectly substitutable goods, and the corresponding effects. We consider two potential combinations: (i) the state-owned public firm sets the price and the private firm sets the output production; and (ii) the state-owned public firm sets the output production and the private firm sets the price.
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