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ENDOGENOUS TIMING IN A MIXED DUOPOLY: WEIGHTED WELFARE AND PRICE COMPETITION

✍ Scribed by JUAN CARLOS BÁRCENA-RUIZ; MÁXIMO SEDANO

Book ID
111102571
Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
360 KB
Volume
62
Category
Article
ISSN
1352-4739

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Endogenous timing in a mixed duopoly: pr
Endogenous timing in a mixed duopoly: price competition with managerial delegation
✍ Yasuhiko Nakamura; Tomohiro Inoue 📂 Article 📅 2009 🏛 John Wiley and Sons 🌐 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