Competition for influence in mixed oligopoly
Competition for influence in mixed oligopoly
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发表时间:
2019
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通讯作者:
Isidoro Mazza;M. Kunizaki
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作者:
Isidoro Mazza;M. Kunizaki
The purpose of this paper is to analyze the effect of political lobbying on the degree of optimal privatization ratio in a closed and a two-country, mixed oligopoly model. We find that, in general, lobbying activity does not lead to a Pareto efficient allocation by optimal privatization policy in a closed and a two-country model. This is sharply contrast result in a common-agent and a multi-agent lobbying model. JEL Classification: D43; D72; F12; F13; L33