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| Titel: |
A Partial Equilibrium Game Theory Model: Application to the Partial Privatization and Competitiveness of Renault S.A. |
| Auteur: |
Chalhoub, Michel Soto |
| Verschenen in: |
International journal of public administration |
| Paginering: | Jaargang 30 (2007) nr. 5 pagina's 559-589 |
| Jaar: |
2007-04 |
| Inhoud: |
With globalization and rising competition, alliances became the strategic option of choice. Companies are increasingly required to be attractive partners by meeting performance prerequisites. We develop a game theory model in a duopoly environment to demonstrate the advantages of privatization in improving the firm's performance. We derive the model mathematically then apply it to a real life situation from the automotive industry. We show that the privatized firm performs better than its public counterpart and is suited for private sector allies. Renault's success is not due to its late 1990s tactics, as several analysts argue, but to strategic moves over decades transcending fluctuations in the European economy. |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 1 van 7 gevonden artikelen
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