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Increasing the Profits of a Subset of Firms in Oligopoly Models with Strategic Substitutes

✍ Scribed by Gérard Gaudet and Stephen W. Salant

Book ID
125664640
Publisher
American Economic Association
Year
1991
Tongue
English
Weight
255 KB
Volume
81
Category
Article
ISSN
0002-8282

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## Abstract A mixed duopoly setting is examined where a private non‐profit firm (NPO) competes with a private profit‐maximizer. The NPO's stakeholders select a contract for their managers. A novel NPO objective function is utilized which takes into account all the likely returns to the NPO's stakeh