Affordable Access

Towards the Theory of Privatization

Authors

Abstract

An attempt is made to define main problems of the privatization theory and to present a survey of some results in this area. Two models are discussed that demonstrate paradoxical consequences of property right restrictions and dynamics of property right redistribution which entails a stratification of society. Two ways of transition from centralized to a market system (through privatization and through price liberalization processes) are compared in frameworks of a mixed economy model with queues. Relations between theoretical conclusions and real issues of the Russian privatization are discussed as well.

There are no comments yet on this publication. Be the first to share your thoughts.

Statistics

Seen <100 times
0 Comments

More articles like this

TOWARDS THE THEORY OF STATIONARY UNIVERSE.

on Annals of the New York Academy... June 1993

TOWARDS A THEORY OF QUARK AND LEPTON MASSES.

on Annals of the New York Academy... June 1993
More articles like this..