主题 Topic：Privatization and Entry with Switching Costs
时间Time：3月11号（周五）｜ March 11th (Friday), 10:00 – 11:30 am
地点Venue：文波楼208室｜Room 208 , WENBO
主讲人Speaker：董佺，华南师范大学经济与管理学院副教授，2006年毕业于南开大学，经济学博士学位。目前为华南师范大学经济与管理学院副教授。他的论文发表在Economic Modelling(SSCI) 和Australian Economic Papers (SSCI) 等期刊上。
研究领域:
跨国直接投资与国际贸易、产业组织理论、环境政策
Dr. Quan Dong is an associate professor of School of Economics and Management, South China Normal University. Dr. Dong earns his PhD degree in Economics at Nankai University in 2006. His papers were published in international journals such as Economic Modeling (SSCI) and Australian Economic Papers (SSCI).
Research Area:
Industrial Organization, FDI and International Trade, Environmental Economics
Abstract:
Although many papers consider the effect of switching costs on entry when the incumbent firm is privately-owned, it has not been analyzed when the incumbent firm is publicly-owned. We analyze this issue here and show that unlike the case of a private incumbent where entry may decrease welfare, with a public incumbent entry always raises welfare. We also study whether the government privatizes the public incumbent firm and whether it deters entry. We find that the government may prefer a private monopoly to a public monopoly or even a mixed duopoly. Moreover, there is more privatization and less entry if the government decides on both privatization and entry than if it decides only on privatization.
