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http://hdl.handle.net/11718/1504| Title: | The Nash-Bargaining solution for public sector pricing problems |
| Authors: | Lahiri, Somdeb |
| Keywords: | Nash bargaining solution |
| Issue Date: | 22-Mar-2010 |
| Series/Report no.: | WP;1991/966 |
| Abstract: | In this paper we study some issues in positive second-best theory, specifically the theory of optimal pricing of private goods produced by public firms: i.e, firms whose objective departs from profit maximization. The approach in this paper differs from earlier analysis of the so-called Ramsey pricing problem, in that we embed our problem in a bargaining theory framework. |
| URI: | http://hdl.handle.net/11718/1504 |
| Appears in Collections: | Working Papers |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| WP 1991_966.pdf | 391.09 kB | Adobe PDF | View/Open |
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