✦ LIBER ✦

Strategic restraint in contests

✍ Scribed by Gil S Epstein; Shmuel Nitzan

Book ID: 117098044
Publisher: Elsevier Science
Year: 2004
Tongue: English
Weight: 215 KB
Volume: 48
Category: Article
ISSN: 0014-2921
DOI: 10.1016/s0014-2921(02)00261-1

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## Abstract Owners usually want their managers to maximize profits. As the literature on strategic delegation has shown it may be beneficial to owners to put a positive weight on sales in the optimal linear incentive scheme for managers to make them behave more aggressively in the market. This pape