Asset divestitures play a central role in antitrust and competition policy. Despite their
importance, empirical evidence on their impacts on market competition is limited. We …

In this paper, we study the licensing of cost‐reducing innovations in a duopoly under supply
function competition. We show that the innovator prefers fixed‐fee licensing to no licensing if …

We consider an infinitely lived duopoly with asymmetric costs and study the incentives of the
firms to collude or compete in supply functions under the possibility of technology licensing …

This paper investigates the neutrality of profit taxation in a mixed oligopoly where one
(partially) public firm competes with private firms. We find that the neutrality of a profit tax is …

This paper considers a duopoly with asymmetric costs and demand uncertainty to study the
welfare effects of the pretend‐but‐perform regulation (PPR) under three modes of …

Can a monopoly persist by expanding its operation to a new market after strategically
bidding for an exclusive license under the threat of supply function competition with a …

This Thematic Issue of the Journal of Public Economic Theory is dedicated to the study of
government‐provided services, a topic central to the very genesis of public economics as a …