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Keywords = managerial delegation
Number of Articles: 3
Managerial Incentives in Price-Setting Mixed Duopoly Model with Complementary Goods
Volume 8, Issue 5 , May 2021, , Pages 362-367
Abstract
This paper examines a price-setting mixed duopoly model in which a state-owned public firm and a private firm produce complementary goods. There is no possibility of entry or exit. Each firm has one owner and can hire one manager to make its production decisions. The paper first analyzes the following ... Read MoreThe Decision Whether to Hire Managers in a Mixed Duopoly with State-Owned and Labor-Managed Firms
Volume 7, Issue 3 , March 2020, , Pages 167-172
Abstract
This paper considers a mixed duopoly model in which a state-owned firm competes with a labor-managed firm. The timing of this game is as follows. In the first stage, each firm decides whether or not to hire a manager. In the second stage, the firms that hired managers select incentive parameters for ... Read MoreUnilateral Decisions to Hire Managers in Markets with Capitalist and Labor-Managed Firms
Volume 5, Issue 4 , April 2018, , Pages 190-196