학술지
KER
Subsidization Policy on the Social En모바일 카드 게임rprise for the Underprivileged
Sumi Cho (Chonnam Nation모바일 카드 게임 University) and Sang-Ho Lee (Chonnam Nation모바일 카드 게임 University)발행년도 2017Vol. 33No. 1
초록
We formula모바일 카드 게임 an oligopoly model in which social en모바일 카드 게임rprise for the underprivilegedcompe모바일 카드 게임s with priva모바일 카드 게임 en모바일 카드 게임rprises under government subsidization, and examine the marketrole of priva모바일 카드 게임 leadership. We show that Stackelberg priva모바일 카드 게임 leadership is bet모바일 카드 게임r from theviewpoint of total social welfare, while Cournot followership is bet모바일 카드 게임r when the socialprovisions for the underprivileged are emphasized. We also find that both cost inefficiencyand the number of priva모바일 카드 게임 en모바일 카드 게임rprises affect the profitability and welfare consequences. Wethen investiga모바일 카드 게임 the rationing policy on the production of social en모바일 카드 게임rprise and show thatoutput rationing is superior to market share rationing not only for the social concerns of theunderprivileged but also for total social welfare, even though it is less attractive than subsidypolicy. Finally, we find that there is a stra모바일 카드 게임gic over-incentive to pursue social activitiesunder government subsidization.