研討日期 |
2022年1月24日上午10:30~ 12:30 |
研討地點 |
國立臺灣大學710 討論室 |
主講題目 Title of the paper |
An analysis of entry-then-privatization
model: welfare and policy implications |
作者 Authors of the paper |
Sang-Ho Lee, Toshihiro Matsumura, Susumu
Sato |
文獻出處 Journal, vol.(issue), pp |
Journal of Economics (2018) 123:71–88 https://doi.org/10.1007/s00712-017-0559-z |
主講人 |
陳彥勲 |
參加人員 |
陳彥勲、林燕淑、施姵全、梁文榮、彭正浩、黃鴻、Ayu Sasni Munte、Dong Van Chung、Suttiwan Suwannajoi、許至乙、蘇家叡、郭文忠 |
摘要 Abstract of the paper |
This study formulates a new
model of mixed oligopolies in free entry markets. A state-owned public
enterprise is established before the game, private enterprises enter the
market, and then the government chooses the degree of privatization of the
public enterprise (termed the entry-then-privatization model herein). We find
that under general demand and cost functions, the timing of privatization
does not affect consumer surplus or the output of each private firm, while it
does affect the equilibrium degree of privatization, number of entering
firms, and output of the public firm. The equilibrium degree of privatization
is too high (low) for both domestic and world welfare if private firms are
domestic (foreign). |