חיפוש רנטות עם גמול אסימטרי במודל של הפרטה

BS. Drook-Gal, G. Epstein, S. Nitzan

Research output: Contribution to journalArticlepeer-review

Abstract

This paper deals with the political struggle among various interest groups involved in privatization. Chronologically, privatization can be divided into two stages: the first stage is the government's decision to privatize (the political struggle among interest groups), and the second stage is the implementation of the decision. This paper presents a model that describes a political game among the employees of the potentially privatized company and an outside investor who transfer resources to the politicians with the aim of gaining the rents of privatization. The analysis of this game contributes to the understanding of the complexity of the privatization process and, in particular, the decisions made by the government regarding the components of the proposed privatization.
Original languageAmerican English
Pages (from-to)355-372
JournalEconomic Quarterly
Volume49
Issue number1
StatePublished - 2002

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