## Abstract This paper analyzes whether it might be desirable for a firm to hire an overoptimistic manager to commit to a certain R&D strategy. I consider a Cournot model with an exβante R&D stage where firms can invest in cost reduction before product market competition takes place. I show that fi
Managerial Choice and Anthropomorphism
β Scribed by Stanley Wright
- Book ID
- 110982212
- Publisher
- John Wiley and Sons
- Year
- 1995
- Tongue
- English
- Weight
- 702 KB
- Volume
- 6
- Category
- Article
- ISSN
- 0955-6419
No coin nor oath required. For personal study only.
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