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A MODEL OF ENDOGENOUS PAYOFF MOTIVES AND ENDOGENOUS TIMING IN A MIXED DUOPOLY

✍ Scribed by KANGSIK CHOI; YUANZHU LU


Book ID
110972142
Publisher
John Wiley and Sons
Year
2009
Tongue
English
Weight
356 KB
Volume
48
Category
Article
ISSN
0004-900X

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Endogenous timing in a mixed duopoly: pr
✍ Yasuhiko Nakamura; Tomohiro Inoue πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 140 KB

## Abstract We introduce a managerial delegation contract into the mixed duopoly model and examine its influence on price setting in a mixed duopoly in the context of the endogenous‐timing problem. We obtain the result that owners of a public and a private firm prefer to delay the setting of the pr