𝔖 Bobbio Scriptorium
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Necessity and Externality

✍ Scribed by Cassam, Quassim

Book ID
105837179
Tongue
English
Weight
382 KB
Category
Fiction

No coin nor oath required. For personal study only.

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## Abstract This paper examines the effects of vertical externality generated by the upstream monopoly on the incentives that owners of competing downstream firms give their managers. It is shown that the introduction of the upstream monopoly may have significant effects on the incentive schemes fo