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Full text of this paper is not available in the ETD Center. Copies may be available for inter-library loan from University of Cincinnati or may be available for purchase from Proquest/UMI

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MIXED OLIGOPOLY, ESSAY ON LOCATION AND CAPITAL OWNERSHIP

Cardenas, Oscar Javier
http://rave.ohiolink.edu/etdc/view?acc_num=ucin991745935

Abstract Details

2001, PhD, University of Cincinnati, Arts and Sciences : Economics.
We survey the literature on mixed oligopolies and detected that it has ignored, among other things, the effects resulting from changes in assets ownership as well as the location resulting when firms compete to set up their facilities and then they compete in quantities in a linear market. The former is important because decisions to increase the industry's stock of capital, the sale of it among firms, or its joint ownership, lead to different behavior and performance of the industry. Therefore, we investigate how the change in asset ownership affects price, firms' profit, welfare and industry concentration. We also analyze if there is a negative correlation between industry concentration and welfare. We find out that the direction in price changes, firms' profit and industry concentration depend on how asset ownership changes. Further more, we find no correlation between industry concentration and welfare. It has been shown in a private oligopoly, that if firms compete first in location choice, and then in quantities, they will choose to agglomerate at the market center. We investigate if the presence of a public firm breaks down this agglomeration. In our analysis of mixed duopoly we show that whether or not firms agglomerate, depends on the cost differential between the private and the public firm. No agglomeration results if the cost differential is small, i.e. c < 1/2, but it will emerge at the market center otherwise. We also show that some consumers, and the private firm, may be better off under a private duopoly than in a mixed duopoly.
Debashis Pal (Advisor)
Economics, General
MIXED OLIGOPOLIES; INDUSTRIAL ORGANIZATION; LOCATION; CAPITAL OWNERSHIP

Recommended Citations

Citations

  • Cardenas, O. J. (2001). MIXED OLIGOPOLY, ESSAY ON LOCATION AND CAPITAL OWNERSHIP [Doctoral dissertation, University of Cincinnati]. OhioLINK Electronic Theses and Dissertations Center. http://rave.ohiolink.edu/etdc/view?acc_num=ucin991745935

    APA Style (7th edition)

  • Cardenas, Oscar. MIXED OLIGOPOLY, ESSAY ON LOCATION AND CAPITAL OWNERSHIP. 2001. University of Cincinnati, Doctoral dissertation. OhioLINK Electronic Theses and Dissertations Center, http://rave.ohiolink.edu/etdc/view?acc_num=ucin991745935.

    MLA Style (8th edition)

  • Cardenas, Oscar. "MIXED OLIGOPOLY, ESSAY ON LOCATION AND CAPITAL OWNERSHIP." Doctoral dissertation, University of Cincinnati, 2001. http://rave.ohiolink.edu/etdc/view?acc_num=ucin991745935

    Chicago Manual of Style (17th edition)

ucin991745935
© 2001, all rights reserved.
This open access ETD is published by University of Cincinnati and OhioLINK.
Release 3.2.12