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Managerial objectives and equilibrium output in the socialist firm: A comment

✍ Scribed by Leonore Shever Taga

Book ID: 116095292
Publisher: Elsevier Science
Year: 1984
Tongue: English
Weight: 180 KB
Volume: 8
Category: Article
ISSN: 0147-5967
DOI: 10.1016/0147-5967(84)90061-1

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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