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 ...

We propose a new arbitration algorithm, called the desynchronized two-dimensional round-robin (D2DRR), for input queued packet switches in which each input port maintains a separate logical queue for each output. D2DRR is an enhanced version of 2DRR, and thus improves fairness over 2DRR without a starvation problem. Iterative maximal matching schemes including iSLIP yield better throughput with...

Crossbars are key components of communication switches used to construct multiprocessor interconnection networks. For a fixed number of nodes, larger crossbars result in reduced probability of conflicts and allows packets to traverse the network in fewer hops. However, increasing the size of the crossbar also increases the delay of the arbiter used to resolve conflicting requests. The increased...

In the early 1990s, some 1400 collective farms were privatized in Hungary and became agribusinesses and other farm enterprises. An important step in privatization was the division of common property (cpd) among the members, and the choice of exiting individually or in groups with one's share, or of continuing in a successor farm enterprise as a shareholder. The study reports on privatization in...

The public health and the public education systems in the United States have encountered problems in quality of service, accountability, and availability of resources. Both systems are under pressure to adopt the general organizational reform of privatization. The debate over privatization in public education is contentious, but in public health, the shift of functions from the public to the pr...

We construct and analyze 1992-2001 panel data to study the effects of alternative postprivatization ownership structures on firm performance and the time profile of firm performance before and after privatization for the surviving population of initially stateowned enterprises in Romania. Applying OLS and fixed-effects methods to a variety of specifications, we find consistently positive, highl...