Discussion Paper No.1105

Title:An Endogenous Objective Function of a Partially Privatized Firm: A Nash Bargaining Approach
Authors:Yoshio Kamijo, and Yoshihiro Tomaru


We establish a model where a partially privatized firm's objective function is endogenously
determined by considering Nash bargaining between the owners.

JEL classification: L13; L33; C78.
Keywords: Mixed duopoly; Partial privatization; Bargaining; Nash solution.