Endogenous timing in a mixed duopoly: pr
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Yasuhiko Nakamura; Tomohiro Inoue
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Article
📅
2009
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John Wiley and Sons
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English
⚖ 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