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Delegation in a group-contest

โœ Scribed by Lambert Schoonbeek


Book ID
113590735
Publisher
Elsevier Science
Year
2004
Tongue
English
Weight
118 KB
Volume
20
Category
Article
ISSN
0176-2680

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๐Ÿ“œ SIMILAR VOLUMES


Delegation in contests
โœ Kyung Hwan Baik; In-Gyu Kim ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 924 KB
Delegation and strategic incentives for
โœ Matthias Krรคkel ๐Ÿ“‚ Article ๐Ÿ“… 2002 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 159 KB

## Abstract Owners usually want their managers to maximize profits. As the literature on strategic delegation has shown it may be beneficial to owners to put a positive weight on sales in the optimal linear incentive scheme for managers to make them behave more aggressively in the market. This pape

R&D spillovers and strategic delegation
โœ Matthias Krรคkel ๐Ÿ“‚ Article ๐Ÿ“… 2004 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 149 KB

## Abstract Considering oligopolistic contests with R&D spillovers and strategic delegation three results can be obtained: (1) There exist multiple asymmetric equilibria where one owner highly favors sales as a basis for his manager's incentives which drives the other firm out of the market. (2) If