Disinvestment and Bank Competition
نویسنده
چکیده
We address the questions of disinvestment (partial privatization) and entry in the context of quantity competition between a partially privatized public bank and a private bank. We find that social welfare improves with entry only when the private banks are more efficient than the public bank. We also determine socially optimum degree of disinvestment and entry.
منابع مشابه
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