Competition Mechanism and General Equilibrium of Private Capital Entry into Civil Aviation Transport Industry: Based on the Analysis of Dynamic Game between Related Subjects
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Abstract
Government, state-owned capital and private capital have different interest demands in the air transport industry. Whether private capital goes into this field or not depends on the result of the dynamic game between these three parties. The approval of government, cooperation of state capital and support of consumers are the essential external conditions for the game equilibrium of private capital.
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