Incitations managériales dans un duopole mixte: cas de la privatisation partielle de la firme publique
Kadohognon Ouattara
Revue d'économie politique, 2013, vol. 123, issue 4, 495-517
Abstract:
This paper studies the impact of managerial incentive contracts in a game where a firm that is owned jointly by both the private and public sectors (a semi-public firm) competes with a private firm. The incentive scheme of semi-public firm managers is assumed to reflect the social goals of public authority. It was found that the strategic use of managerial incentive contracts can contribute to improve social welfare. Furthermore, the use of incentive contracts may have similar competitive effects than those of privatization.
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:cai:repdal:redp_234_0495
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