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Abstract

This paper is focused on behaviour of different groups of economic agents participating in large scale privatization. Since large scale privatization has many interactions with other privatization programs, we will also briefly describe restitutions, small scale privatization and property transfer to municipalities. We will present descriptive analysis of rules and procedures of large scale privatization, identify the most important bidders for privatized property and analyze strategies they can use within given rules. On sample of 201 firms we will demonstrate use of those strategies by different bidders and their relative success in the process.

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