Endogenous Ownership Structure
نویسندگان
چکیده
منابع مشابه
Endogenous Asset Ownership Structures in Deregulated Markets
This paper determines the equilibrium ownership structure in an emerging market deregulated by privatization and investment liberalization. It is shown that bidding competition in the privatization stage is necessary but not sufficient for reaching an efficient equilibrium market structure. Competition in the ensuing entry stage is also necessary. Otherwise, one firm can induce another to take ...
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ژورنال
عنوان ژورنال: Acta Oeconomica
سال: 2002
ISSN: 0001-6373,1588-2659
DOI: 10.1556/aoecon.52.2002.4.3