The strategic use of managerial incentiv
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Gregory E. Goering
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Article
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2007
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John Wiley and Sons
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English
β 149 KB
## Abstract A mixed duopoly setting is examined where a private nonβprofit firm (NPO) competes with a private profitβmaximizer. 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