Lifetime employment and reaction functions of socially concerned firms under quantity competition

Kazuhiro Ohnishi

MPRA Paper from University Library of Munich, Germany

Abstract: This paper considers a Cournot oligopoly model with a concave demand function where socially concerned firms can offer lifetime employment as a strategic commitment device. Each socially concerned firm maximizes its own profit plus a share of consumer surplus. The paper presents the reaction functions of socially concerned firms in the Cournot oligopoly model.

Keywords: Cournot oligopoly model; Lifetime employment; Reaction functions; Socially concerned firms (search for similar items in EconPapers)
JEL-codes: C72 D21 L20 (search for similar items in EconPapers)
Date: 2021-11-30
New Economics Papers: this item is included in nep-bec, nep-com, nep-gth and nep-mic
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://mpra.ub.uni-muenchen.de/113298/1/MPRA_paper_113298.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:110867

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