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Endogenous Timing in a Mixed Duopoly: Wighted Welfare and Price Competition
(2011)
In this paper we analyse the endogenous order of moves in a mixed duopoly for differentiated goods. Firms choose whether to set prices sequentially or simultaneously. The private firm maximises profits while the public ...
Economic Integration and Privatization of Publicly-owned Firms
(2001-12)
[EN] We analyse in this paper whether it should be the government of each country that decides whether to privatise a publicly-owned firm (non integration) or whether a supra-national authority should decide whether ...
Mixed Duopoly, Merger and Multiproduct Firms
(2000-07)
The literature on mergers has extensively analyzed the decision to merge by private firms but it has not considered the decision to merge by private and public firms. We assume that when a private firm and a public firm ...
Mixed Oligopoly and Environmental Policy
(2001-02)
The literature on mixed oligopoly does not consider the role that the environmental policy of the government plays on the decision whether to privatize public firms. Assuming that there are one public firm and n private ...
International Trade and Strategic Privatization
(2001-03)
The literature on mixed oligopoly does not consider that there is strategic interaction between governments when they decide whether to privatize their public firms. In order to analyze this quetion we consider two countries; ...
Environmental Standards, Wage Incomes and the Location of Polluting Firms
(2000-03)
The purpose of this paper is to study how the choice of environmental standards by governments is affected by the existence of wage incomes when firms' location is endogenous. In developed countries labor is unionized, ...
Should Owners of Firms Delegate Long-run Decisions?
(1999-11)
This paper analyzes whether owners of firms have incentives to delegate their long-run decisions to managers or not. The result arising from our analysis shows that owners do have incentives to keep their long-run decisions ...
Timing of Wage Setting when Firms Invest in R&D
(2003-12)
In this paper, we analyze the effect that the timing of wage setting (i. e. whether wages set sequentially or simultaneously) has on the investment in R&D of firms, when that investment increases the productivity of labor, ...
Syncronized or Staggered Wage Bargaining
(1999-02)
[EN] This paper analyzes the timing of wage bargaining in a unionized market, assuming that workers are organized in independent unions. In equilibrium, when unions decide the timing of the negotiations, we obtain a staggered ...