EconPapers    
Economics at your fingertips  
 

Managerial Delegation in a Mixed Duopoly with a Foreign Competitor

Jorge Fernández-Ruiz

Economics Bulletin, 2009, vol. 29, issue 1, 90-99

Abstract: We examine firms' decisions to hire managers in a duopoly where a public firm competes with a foreign private firm. In contrast with the case in which the public firm competes with a domestic private firm -where only the private firm decides to hire a manager- we find that both firms hire managers. This leads to a social welfare higher than the one obtained when neither firm hires a manager.

Keywords: Mixed; oligopoly (search for similar items in EconPapers)
JEL-codes: L1 L3 (search for similar items in EconPapers)
Date: 2009-02-13
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7) Track citations by RSS feed

Downloads: (external link)
http://www.accessecon.com/Pubs/EB/2009/Volume29/EB-09-V29-I1-P8.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ebl:ecbull:eb-08l10047

Access Statistics for this article

More articles in Economics Bulletin from AccessEcon
Bibliographic data for series maintained by John P. Conley ().

 
Page updated 2020-09-25
Handle: RePEc:ebl:ecbull:eb-08l10047