Mixed markets in bilateral monopoly

摘要: Should we expect to see patterns in the privatization of a public bilateral monopoly? To address this question, paper analyzes welfare implications and examines interplay firm location vertical stream, differential priorities on private profit cost asymmetries mixed monopoly. We conclude that merely comparing savings from upstream/downstream, is inadequate. If relatively insignificant welfare, then only relative matter. However, if sufficiently important, downstream will maximize it as (or more) effective compared upstream. find can be better than upstream even when latter more former.