In many countries all over the world, governments are privatising firms that were previously under public control. This book provides an overview of the economic issues that are involved in this transfer of ownership of public assets. Combining a theoretical framework with a set of case studies, it asks which allocation mechanism can a government adopt and how will the choice of allocation mechanism affect future market outcomes? With contributions from international experts, it offers an accessible introduction to auction theory and an invaluable non-technical analysis of existing knowledge. Формат издания: 15 см х 22,5 см.
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