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Economics
Mixed Duopoly, Privatization and Subsidization: Complementary Goods

Kazuhiro Ohnishi

Volume 10, Issue 2 , February 2023, , Pages 149-156

https://doi.org/10.5281/zenodo.7790265

Abstract
  This paper uses a mixed market model in which a state-owned public firm and a private firm produce complementary goods and reassesses the welfare effects of production subsidies. The paper examines four regimes: mixed and private duopoly, each with and without subsidies. In the regimes without subsidies, ...  Read More