Co-Production and Managed Competition in Mixed Quasi-markets

Delbono, Flavio ; Lanzi, Diego (2011) Co-Production and Managed Competition in Mixed Quasi-markets. Bologna: Dipartimento di Scienze economiche DSE, p. 17. DOI 10.6092/unibo/amsacta/4514. In: Quaderni - Working Paper DSE (727). ISSN 2282-6483.
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Abstract

In this paper, we provide a very simple model to shed light on the issue of managed competition in mixed quasi-markets (i.e. regulated markets in which social and for-proÖt Örms coexist). In doing this, we consider the literature on mixed oligopolies as a reasonable reference point and try to enrich it with the idea of quasi-market. Firstly, our results show that social Örms serve the relatively richer portion of the population. Only relatively poor consumers buy units of service from the proÖt-oriented Örm. Secondly, the socially-preferable form of managed competition is to introduce coproduction practices and, hence, to raise proÖt-oriented Örmís production costs. The diffusion of coproduction paradigms ensures maximal service quality and eliminates mark-up from the market.

Abstract
Document type
Monograph (Working Paper)
Creators
CreatorsAffiliationORCID
Delbono, Flavio
Lanzi, Diego
Keywords
Quasi-markets, competition, regulation,mixed Oligopoly, social firm
Subjects
ISSN
2282-6483
DOI
Deposit date
02 Feb 2016 11:37
Last modified
02 Feb 2016 11:37
URI

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